Effect on our market
#USNationalDebt #IranStrikesBack
The Iran-Israel conflict has significantly impacted the cryptocurrency market, causing increased volatility. Bitcoin's value dropped to around $60,600 due to escalating tensions, with a 6% decline in 24 hours. The broader altcoin market also suffered, with Ethereum and Binance Coin experiencing significant drops. Investors sought safe-haven assets like gold, which rose over 1%. US spot ETFs recorded substantial outflows, indicating declining institutional demand. Despite the volatility, some analysts predict Bitcoin could rise to $85,000-$100,000 in the last quarter if demand increases. The conflict's escalation could lead to further market fluctuations [2][3].$BNB $SOL
