#IsraelIranConflict The conflict between Israel and Iran has created tension in global financial markets, affecting both traditional stock exchanges and cryptocurrency markets. Israel's attack on Iranian nuclear sites has sparked fears of a possible escalation, leading to a negative reaction from the markets.
Cryptocurrencies have not been spared: Bitcoin has lost about 3%, while Ethereum has suffered a loss of 8.8%. Other cryptocurrencies like XRP and Solana have recorded significant losses of 5% and nearly 10%, respectively.
Asian markets opened lower, and the situation could further worsen with the reopening of European and American stock exchanges.
Geopolitics seems to be the driving factor behind these market movements, with investors trying to assess the potential consequences of a larger conflict.
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