🚥 #IsraelIranConflict How does it affect crypto?

The conflict in the Middle East (Israel vs Iran) has the markets on edge, including the cryptocurrency market.

🔹 What’s the issue?

Iran launched over 300 drones and missiles towards Israel in retaliation for a previous attack, increasing the risk of escalation in the Middle East.

🔹 How does this impact Bitcoin and Altcoins?

Flights to safe havens: gold is often the safe haven in times of crisis… but Bitcoin also attracts some investors as a "digital safe haven."

The decline of equity markets along with the rise of uncertainty may lead to a temporary drop in crypto, thus increasing volatility.

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