After days of rising in cryptocurrencies, a decline is being experienced. The Iran-Israel tension is affecting the markets.
We have experienced the same situation before. The Iran-Israel conflicts had a severe impact on the markets.
The price of $BTC has fallen below $108,000. Ethereum, on the other hand, is showing a stronger stance against Bitcoin. The price of $ETH continues to stay above $2,750.
Institutional purchases in Ethereum are ongoing. The U.S. inflation figures coming in below expectations have also increased the expectations for a FED interest rate cut.
We were expecting positive pricing for the markets, but for now, these increases have not occurred due to the Iran-Israel tension. Even though there are tensions, our bullish sentiment continues.
#Bitcoin #Bullish #Ethereum