#IsraelIranConflict #Nhatkydautu
🇮🇷 Iran closes the Strait of Hormuz: Geopolitical tensions escalate global risks
The Iranian Parliament has officially approved a plan to close the Strait of Hormuz – a strategic maritime route that accounts for about 20% of global oil flow – in response to airstrikes believed to be carried out by the U.S. targeting nuclear facilities.
Immediately, global oil prices surged above $75 per barrel, raising concerns about rising energy costs, which directly impacts the inflation index – a target that the U.S. Federal Reserve (Fed) is trying to lower. If inflation rises again, expectations for the Fed to cut interest rates soon could be delayed, putting negative pressure on the entire financial market.
⸻
📉 Crypto faces double liquidation: Long Squeeze and unstable sentiment
The market sentiment, already fragile, faced intense pressure. The crypto market quickly reacted negatively:
• Over $1 billion in leveraged positions were liquidated, primarily long positions.
• Bitcoin dropped to nearly $98,000 before a slight recovery, maintaining a price above $100,000.
• Ethereum (ETH) also plummeted sharply, falling to the $2,130 range before bouncing back.
The Crypto Fear & Greed Index also clearly reflected investor sentiment: it dropped to 37 points, indicating that the market is in a state of mild fear, but not to the level of complete panic.
😩 As for Altcoin, let’s not even talk about it. What else is there to cry about?!
—————————————————————
