American airstrike.. and the crypto market loses 40 billion dollars in hours
Can you believe that a single tweet can erase billions from the cryptocurrency market in minutes?
This is not fiction, but exactly what happened yesterday.
As soon as President Donald Trump announced a "very successful airstrike" on Iranian nuclear sites, the cryptocurrency market shook violently. Here’s what happened in detail:
Event: Trump confirms via the "Truth Social" platform the successful American attack on 3 nuclear sites in Iran.
Immediate result: At 7:53 PM, the price of Bitcoin sharply plummeted to $100,945.
Shocking loss: Nearly 40 billion dollars evaporated from the total value of the crypto market in just a few hours.
Quick rebound: By 8:00 PM, the market showed remarkable resilience, as the price of Bitcoin rose back above $102,000.
What does this mean for you as an investor?
This event starkly illustrates how crypto markets, led by Bitcoin, are highly sensitive to geopolitical events. They are no longer just isolated digital assets but are an integral part of the global economy, affected by major political tensions and decisions.
The rapid volatility - the drop followed by the rise - is the most prominent feature of this market. Fear takes over at moments, but opportunities also arise for the aware investor who understands market dynamics and reads between the lines of the news.
