⚔️ Iran-Israel Conflict: A Blow to the Crypto Market ⚔️
📉 The escalating conflict between Iran and Israel has sent shockwaves through global markets, including cryptocurrencies. Bitcoin, which had recently surged past 110,000 dollars, dropped sharply as investors rushed to safer assets. Ethereum and other major cryptocurrencies also suffered significant losses.
🌪️ Geopolitical instability has historically triggered sell-offs in risk assets, and this latest crisis is no exception. The uncertainty surrounding potential retaliations and broader economic consequences has dampened investor sentiment. Many traders had hoped for a sustained bull market, but the sudden downturn has disrupted momentum.
👀 Unless tensions ease, the crypto market may struggle to regain its footing. Fear-driven liquidations and market volatility could persist, delaying any hopes of a strong recovery in the near future.
