#以色列伊朗冲突 ## Analysis of the Impact of the Escalation of the Israel-Palestine Conflict on the Cryptocurrency Market

Recently, the Israel-Palestine conflict has intensified again, geopolitical risks have increased, and traditional financial markets have seen significant volatility, which has also impacted the cryptocurrency market.

**Safe-Haven Sentiment Boosts Bitcoin**: As "digital gold", Bitcoin briefly rose about 5% after the outbreak of the conflict, surpassing $28,000, reflecting that some funds view it as a safe-haven asset. However, due to the decline in U.S. stocks and the strengthening of the dollar, the increase has somewhat receded.

**Altcoins Under Pressure**: Market risk appetite has decreased, with funds concentrating on Bitcoin, while mainstream altcoins like ETH have performed weakly, and some small-cap cryptocurrencies have seen declines of over 10%.

**Middle East Fund Movements to Watch**: The Middle East is an important participant in the cryptocurrency market, and if the conflict continues, it may affect local investors' trading sentiment and liquidity.

**Market Outlook**: In the short term, if the conflict does not further escalate, the cryptocurrency market may revert to being driven by Federal Reserve policies; however, if the situation escalates, Bitcoin may continue to benefit from safe-haven demand, while high-risk assets may face selling pressure. Investors need to closely monitor the evolution of the situation and changes in market sentiment.