📊📎 Global Tensions Trigger Market Risk Aversion 📎📊
Israel's airstrikes on Iranian military targets caused a significant drop in Bitcoin's value, falling over 4% from approximately $108,000 to $103,500, as investors shifted to traditional safe-haven assets like gold.
The crypto market experienced heavy liquidations, with around $335 million wiped out within an hour after the news of the airstrikes broke.
If geopolitical tensions subside, the crypto market, particularly Bitcoin ($BTC ), could recover swiftly, as it has demonstrated resilience following past crises.
📍Disclaimer: This is not a financial recommendation, cryptocurrency investments are speculative, and past performance does not guarantee future results. Always conduct your own research and consider your risk tolerance.
Thank you for reading.
