Crypto Market Dips Amid Rising Tensions After U.S. Military Action in Iran
Crypto markets saw a sharp decline over the weekend after the US launched its first military intervention in the conflict between Iran and Israel late on Saturday night.
President Trump confirmed that the strikes were aimed at key nuclear facilities in Iran, marking a significant escalation of tensions in the region. In response, digital assets suffered a massive sell-off, with altcoins particularly hard hit.
Ethereum fell by over 5%, dropping below the $2,300 mark for the first time in weeks. Cardano is under pressure, reaching a three-month low after a 7% decline for the day.
Although it remains above $102,500, Bitcoin has also reacted to the situation. Market observers suggest that it could fall below the…
