Is the crypto bull run still possible after Israel bombed Iran? 💣
Cryptocurrency markets experienced a significant downturn on Thursday evening following reports of Israel attacking Iran's nuclear sites. This has led to heightened concerns about escalating tensions in the region, driving investors towards risk-averse strategies.
Bitcoin (BTC), in particular, saw its value plummet below $105,000, reflecting the broader decline across the cryptocurrency market. The market capitalization of all cryptocurrencies also took a substantial hit, underscoring the prevailing uncertainty and risk-off sentiment among investors.
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