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DonTheBos_Tz
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These principles work better.
Richard Teng
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Things to do in crypto space:
1️⃣ Set the rules
2️⃣ Refine the strategy
3️⃣ Keep emotions out of decision-making
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Why is the Bitcoin and crypto market down today? Bitcoin and the crypto market are down today primarily due to escalating geopolitical tensions in the Middle East, particularly the Israel-Iran conflict, which has increased risk aversion among investors. This has led to a sell-off in risk assets including cryptocurrencies, with Bitcoin dropping from recent highs and the total crypto market capitalization falling to around $3.28 trillion. Additional factors contributing to the decline include: A surge in crypto liquidations, with over $230 million in long positions liquidated recently, amplifying downward pressure. A major cyberattack on Iran's largest crypto exchange Nobitex, resulting in the theft of $82 million, which has further shaken market confidence. Rising oil prices due to regional instability, which also impacts broader market sentiment. Technical indicators showing bearish momentum for Bitcoin, with key support levels being tested and selling momentum dominating. Overall, the market is in a risk-off mode driven by fears of wider conflict and economic uncertainty.$BTC $ETH $XRP Register on Binance Now
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