#IsraelIranConflict

The Israel-Iran conflict has rattled cryptocurrency markets, amplifying volatility as geopolitical tensions rise. When Iran launched missiles at Israel in October 2024, Bitcoin fell below $60,000, and altcoins like Ethereum saw double-digit losses, with $600 million in liquidations across exchanges. Investors, spooked by potential oil supply disruptions and broader economic instability, often dump riskier assets like crypto in favor of traditional safe havens such as gold or the U.S. dollar. The conflict’s escalation can also strain global liquidity, as higher energy costs impact markets, further pressuring crypto prices. However, some traders see dips as buying opportunities, anticipating rebounds if tensions ease, as seen in past crises like the U.S.-Iran standoff in 2020. Long-term, Bitcoin’s decentralized nature could attract investors seeking alternatives to fiat currencies amid unrest, but short-term volatility remains high. Stay vigilant for updates on the conflict’s trajectory.