š War, Cyberattacks & Crypto: Whatās Happening?
Global tensions are soaring as the IranāIsrael conflict deepensānow spilling into the digital world. An Israeli-linked hacker group, Predatory Sparrow, launched a massive cyberattack on Iranās systems, wiping out nearly $90 million from Nobitex, Iranās top crypto exchange. In retaliation, Iran shut down internet access in several regions, signaling the rise of cyberwar as a frontline strategy.
In a bold televised address, former U.S. President Donald Trump said:
> āIranās key nuclear enrichment facilities have been completely and totally obliterated.ā
He called it a āvery successful attack,ā adding pressure to an already tense geopolitical landscape.
Crypto markets didnāt take it lightly. Bitcoin plunged below $99,000, altcoins saw losses up to 4%, and over $1 billion in positions were liquidated within 24 hours. However, a rebound followed, pushing Bitcoin back above $106,000, fueled by ETF inflows and speculation over future interest rate cuts.
This crisis proves one thing: crypto is no longer isolated from world events. In times of war and political chaos, digital assets react sharplyāmaking awareness and timing more critical than ever.