The Israel-Iran conflict significantly impacts the crypto world by triggering risk-off sentiment, causing a sharp sell-off in Bitcoin and altcoins (e.g., ETH, SOL, XRP) as investors flock to traditional safe-haven assets like gold and the US dollar. This often leads to massive liquidations of leveraged long positions, increasing market volatility and uncertainty. While some see such dips as potential buying opportunities, the short-term outlook remains highly sensitive to geopolitical developments.
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