The last time there was a similar fluctuation in the cryptocurrency market was during the Russia-Ukraine war in February 2022?

At the beginning, the decline was not significant, but as the subsequent oil embargoes, Russian-Ukrainian pipelines, and escalation of the war occurred, the market began to show clear panic.

This time, with North America against Iran, the market is also speculating on the future, such as whether there will be continued bombings, blockades of the Strait of Hormuz, and shipping bans. Trading now has completely turned into a game of expectations.