#IsraelIranConflict The conflict between Israel and Iran could significantly impact the crypto markets due to increasing uncertainty and geopolitical risks. Here are some potential influences ¹:

- *Price Volatility*: The prices of cryptocurrencies such as Bitcoin and Ethereum may fluctuate sharply due to geopolitical uncertainty. For example, in April 2024, the price of Bitcoin dropped nearly 8% following Iran's attack on Israel.

- *Increased Demand for Safe Haven Assets*: Some investors may see certain cryptocurrencies like Bitcoin as safe haven assets, leading to increased demand and affecting prices.

- *Mass Liquidation*: Geopolitical conflicts can trigger mass sell-offs, as occurred in April 2024 when $1.5 billion in crypto was liquidated in two days.

- *Impact on Market Sentiment*: Geopolitical tensions can affect overall market sentiment, causing investors to be more cautious and likely to sell riskier assets.

Some analysts predict that the crypto market may recover after the initial sell-off, as stated by Mike Novogratz, CEO of Galaxy Digital. However, it is important to closely monitor geopolitical developments and understand their potential impacts on the crypto market ².