#IsraelIranConflict Hereโs a concise summary of the Israel-Iran conflict's impact on the crypto market:
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๐ฅ Conflict Impact
Recent Israeli airstrikes on Iran caused a sharp market reaction. Global investors fled risky assets, triggering a crypto selloff.
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๐ Crypto Market Reaction
Bitcoin dropped below $104K, with over $400M in liquidations.
Ether fell ~7โ9%; other altcoins lost 5โ10%.
Total liquidations exceeded $1.15 billion.
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๐ฆ Flight to Safety
Investors moved to gold, USD, JPY, and US Treasuries. Bitcoin failed to act as a "safe haven" during the crisis.
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๐ Regional Context
Iran has a large Bitcoin mining sector.
Crypto is sometimes used to bypass sanctionsโconflict may disrupt internal usage and liquidity.
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๐ฎ Outlook
Volatility expected to continue.
Bitcoin may find support near $101K.
Geopolitical tension and broader macro events will drive short-term crypto moves.
