โ ๏ธ Impact of War on Crypto โ Rapid Breakdown
๐ 1. Instant Shockwaves
Bitcoin & major altcoins nosedived as war broke out โ
๐ฅ $800M+ in leveraged positions liquidated in just 24 hours.
๐ก๏ธ 2. No Safe-Haven Status
Instead of flocking to Bitcoin, investors turned to:
๐ Gold | ๐ข๏ธ Oil | ๐บ๐ธ U.S. Bonds
BTC acted more like a risk asset than digital gold.
๐ 3. Regional Chaos
๐ Iranโs internet blackout froze local exchanges.
๐ก๏ธ Cyberattack drained $90M+ from an Iranian crypto platform.
๐ 4. Whatโs Coming?
๐ป If tensions rise, crypto could bleed another 10โ20%.
But: Spot ETF inflows = strong undercurrent of recovery.