š Geo-Political Shockwaves: How the IsraelāIran Conflict Is Impacting Crypto š
Recent strikes between Israel and Iran have sparked a risk-off panic across financial marketsāincluding crypto.
š» Market Snapshot:
Bitcoin dropped ~2ā4%, fluctuating around $103ā105K
Ether down ~7%, XRP ~5%, Solana nearly **9%**
Total liquidation exceeded $1Billionāaltcoins hardest hit
š” Key Takeaways:
1. Crypto is NOT a safe haven during geopolitical turmoilāunlike gold, which rose 1ā1.3%
2. Rapid liquidations suggest markets are treating crypto as a risk asset, not a hedge
3. Continued oil price spikes and inflation concerns may prolong volatility
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š¤ What Should Traders Consider?
Expect higher volatility in all crypto assets during escalations
Resist impulse tradesāwait for market stabilization before re-entering
Monitor safe-haven inflows into gold, USD, and bonds as indicators
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