Will It Bounce Back or Keep Falling?
The cryptocurrency market has faced a notable downturn, losing 2.10% in value over the past 24 hours. The market capitalization now stands at $3.17 trillion, marking its lowest point in five days. This crypto market crash comes as Bitcoin and other major assets witness heavy selling pressure amid global developments, including an easing of tensions in the Middle East.
U.S. President Joe Biden announced that Lebanon and Israel have agreed to a U.S.-mediated proposal to end the conflict involving Hezbollah.
Meanwhile, uncertainties in traditional markets persist, driven by tariff threats from former U.S. President Donald Trump. Concurrently, the cryptocurrency Fear and Greed Index has…