Major cryptocurrencies like Bitcoin and Ethereum experienced significant drops in early October due to geopolitical tensions between Iran and Israel. However, prices have recovered by mid-month, although concerns about market volatility persist.
Arthur Hayes, co-founder of BitMEX, compared the situation to a persistent weak layer in avalanche science, which can trigger catastrophic outcomes. What do you think about the impact of these conflicts on the crypto market? 💬
Leave us your comment!