#IsraelIranConflict

The recent escalation in the Iran-Israel conflict has significantly impacted the crypto market, triggering a sharp sell-off as investors flee volatile assets amid geopolitical uncertainty. Bitcoin dropped about 4%, falling from $108,500 to near $103,000, while Ethereum and other altcoins like Solana and Dogecoin plunged between 6-8%. The threat of war and potential disruptions to global oil supply—especially if Iran retaliates by closing the Strait of Hormuz—have heightened fears, causing oil prices to surge and pushing investors toward safer assets like gold and the US dollar. Despite the short-term crash, some experts view these dips as buying opportunities, expecting crypto fundamentals to remain strong long term.