*🌍 Political News Affecting Cryptocurrencies*
*🇮🇷 Fiery Statement from the Iranian President:*
Iranian President Masoud Pezeshkian announced that his country will not hesitate to confront any attack on its sovereignty and the rights of its people, affirming Iran's full ability to defend itself. [1]
*🇺🇸 America Returns to Military Parades:*
After more than 30 years, the United States has decided to hold a massive military parade to mark the 250th anniversary of the founding of the US Army, reflecting escalating military tensions in the region. [2]
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*💰 Cryptocurrency Market Developments*
*📉 Bitcoin and Ethereum Decline:*
Cryptocurrencies saw a significant decline, with Bitcoin falling 1.85% after the release of US inflation data, which impacted investor sentiment. [3]
*💸 Massive Market Liquidation:*
The cryptocurrency market experienced a massive liquidation of $1.16 billion, with Bitcoin, Ethereum, Ripple, and others declining due to rising producer prices in the United States. [4]
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*📢 Recommendations and Warnings*
- *🚨 Investor Warning:* Amid geopolitical tensions and economic volatility, investors are advised to exercise caution and closely monitor the market before making investment decisions.
- *📈 Investment Opportunities:* Despite the declines, these periods may represent opportunities for investors to enter the market at lower prices, with prices expected to rebound in the medium term.
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