The Israel-Iran conflict has significantly impacted the crypto market, causing a surge in volatility and a decline in cryptocurrency prices. Here's how the conflict is affecting the market ¹ ² ³:

- *Market Crash*: The crypto market has crashed, with millions of longs liquidated as the conflict escalates. Bitcoin dropped to as low as $102,000, and the market cap fell to $3.21 trillion.

- *Capital Rotation*: Investors are rotating their capital from altcoins to safer assets like Bitcoin and stablecoins. Bitcoin dominance has risen to 65.30%, indicating a shift towards more stable assets.

- *Altcoin Performance*: Altcoins have underperformed compared to Bitcoin,#IsraelIranConflict