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Venga
@venga
How did the Iran-Israel Conflict impact the Crypto Market? š§ This past week, we watched missiles flying between Iran and Israel, the U.S. stepping in, pro-Israel hackers stealing $90M from Iranās top crypto exchange, and Polymarket exploding with bets on whether WWIII was kicking off. It was crazy! The conflict influenced the market and got Bitcoinās price dipping below $100K⦠but it didnāt last and bounced back to $107K within 48 hours! Compared to past conflicts like Russia-Ukraine in 2022, crypto markets actually held strong, probably because institutions and long-term holders didnāt sell but accumulated. Now that thereās a ceasefire in play (at least for the moment), whatās next? š If tensions cool, the attention should shift to the Fedās rate decisions. š If war escalates, the volatility might skyrocket. Letās stay alert!
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