#IsraelIranConflict

The recent escalation in the Israel-Iran conflict, marked by Israel’s airstrikes on Iran’s nuclear and military sites, has significantly impacted cryptocurrency markets. Bitcoin prices dropped 3%, falling to $103,162, while Ethereum slumped 9% as investors shifted to safe-haven assets amid heightened Middle East tensions. Over $1 billion in long cryptocurrency positions were liquidated in 24 hours, reflecting a pause in the market’s bullish momentum. Analysts suggest this sell-off is a temporary reset, with underlying fundamentals remaining strong, potentially paving the way for resilient growth. The conflict’s broader implications, including potential disruptions to global oil supplies, could further influence investor sentiment, driving volatility in riskier assets like cryptocurrencies. While some see opportunities for recovery, the ongoing uncertainty and Iran’s retaliatory drone strikes continue to pressure markets, keeping crypto prices .