#IsraelIranConflict The conflict between Israel and Iran has had an impact on the cryptocurrency market, resulting in losses for assets like Bitcoin. Following Israel's airstrikes on Iran, the $BTC fell by 2.6%, while other cryptocurrencies, such as the $ETH experienced even larger drops, with losses exceeding 5%. This situation has led to a widespread liquidation, with investors seeking liquidity amid geopolitical uncertainty, resulting in a total loss of approximately $1 billion in 24 hours.

The escalation of the conflict has also generated tension in global markets, affecting not only cryptocurrencies but also stocks and commodities. Bitcoin was traded around $104,000, reflecting the search for assets considered safe in times of crisis, although volatility has increased due to uncertainty about the continuation of the conflict and possible retaliations from Iran.

Analysts emphasize that, in scenarios of extreme stress, even assets considered "safe havens" like Bitcoin can be sold to cover margins or reallocate cash, limiting their role as immediate protection. The outlook for the short term is negative, with the possibility of further retaliations and escalation of the conflict, which may continue to put pressure on cryptocurrency prices.

In summary, the relationship between geopolitical conflicts and the cryptocurrency market is complex. Although cryptocurrencies may be seen as an alternative to the traditional financial system in times of crisis, the volatility and uncertainty generated by prolonged conflicts tend to negatively affect their value. #Write2Earn