Israel-Iran Conflict and Its Effects on the Crypto Market
The escalating conflict between Israel and Iran has created fresh waves of uncertainty across global markets, and crypto is no exception. Traditionally seen as a hedge during geopolitical turmoil, Bitcoin initially saw a price spike as investors sought refuge from traditional assets. However, heightened volatility quickly followed, with market sentiment swinging between fear and speculation.
Tensions in the Middle East often impact oil prices, inflation expectations, and risk appetite, indirectly influencing crypto trends. Altcoins experienced sharper drops due to their higher risk profile, while stablecoins saw increased inflows. Traders are watching closely for further escalations, which could either push Bitcoin as a safe haven or trigger a broader risk-off selloff. Market caution remains high amid the geopolitical fog.
