#MarketPullback

The tensions between Israel and Iran are shaking the crypto market vigorously, generating a wave of volatility and uncertainty that has impacted both prices and investor confidence.

What is happening exactly?

Abrupt declines, Bitcoin dropped to 99,000 dollars, Ethereum lost more than 8% in a matter of days. Altcoins like Solana and Dogecoin also experienced significant setbacks.

Massive liquidations, More than one billion dollars in positions were liquidated, affecting hundreds of thousands of traders.

Flight to safe assets, Many investors are migrating towards Gold and the dollar, seeking stability amid uncertainty.

Cyberattacks, A group linked to Israel hacked Nobitex, the largest exchange in Iran, stealing more than 90 million dollars in cryptocurrencies. The attack was more political than financial, and affected the infrastructure of the Iranian crypto ecosystem.

And in the long term?

Some analysts believe that, despite the initial blow, the crypto market could recover strongly. Bitcoin, for example, has already shown signs of resilience in previous crises. Additionally, its decentralized nature and global liquidity make it attractive in conflict contexts.

Image taken from the web