The conflict between Israel and Iran has had a significant negative impact on the crypto market. Geopolitical tensions create fear and uncertainty, causing investors to pull their money out of risky assets like cryptocurrencies. During the height of the Israel-Iran conflict in April 2024, the crypto market lost over $200 billion in market capitalization within days. Major coins like Bitcoin and Ethereum saw sharp price drops. Such instability leads to reduced investor confidence, lower trading volumes, and a shift toward safer investments. As a result, the crypto market often enters a bearish phase during major global conflicts like this. #traderleague
$306.93 million was liquidated across the crypto market in the last 24 hours. The largest was a $9.28 million Bitcoin trade on Binance. Volatility is real, but manage your risk accordingly. Stay cautious and trade wisely. Use stop-loss because 99.9% of traders who don't use it make huge losses. If you want to play for the long term, then prepare your charts, use stop-loss, and take perfect entry and enjoy the ride, that's it for the day!
$306.93 million was liquidated across the crypto market in the last 24 hours. The largest was a $9.28 million Bitcoin trade on Binance. Volatility is real, but manage your risk accordingly. Stay cautious and trade wisely. Use stop-loss because 99.9% of traders who don't use it make huge losses. If you want to play for the long term, then prepare your charts, use stop-loss, and take perfect entry and enjoy the ride, that's it for the day!