Crypto markets opened in red on Saturday with Bitcoin down 2.3% at the time of writing, as per CoinDesk. This comes amid the US-Iran tensions and has left many worried.
Today’s markets opened in the red after the poor performance yesterday. Bitcoin briefly slid below $70,000 on Friday, even as inflation fears tied to the US-Iran tensions rattled market sentiment.
Experts weighed in on the crash.
Crypto crash: Experts offer insight
“Crypto market sentiment has deteriorated again. The persistence of extreme fear suggests that positioning remains defensive, even as some market participants anticipate a relief rally,” analysts at venture…
