$BTC After the overnight collapse, the morning has started to rise a bit, but don't rush to buy. The escalation in the Middle East is just beginning to flare up, and Israel continues to strike Iran.
What will happen if Iran responds?
There will be a response, but it depends on what kind; it might be something to save face, or it could be a barrage from all weapons, to which Israel would respond with even harsher strikes.
Why is the cryptocurrency market falling?
This escalation has strengthened the dollar and precious metals, weakening the demand for risky assets. People have decided to transfer their savings into more stable assets, which has increased the demand for them, thereby strengthening them.