[In-Depth Analysis] Geopolitical Risk in the Middle East Intensifies, and the Crypto Market Faces a Dual Shock
US Treasury Secretary Bessent announced unprecedented economic sanctions against Iran, the Strait of Hormuz blockade continues, and global energy supply chains are under strain. Meanwhile, the crypto market is undergoing a major adjustment: South Korea’s largest exchange, Upbit, will delist tokens including $STORJ and $JASMY on September 14, mainly due to insufficient information disclosure and concerns about business sustainability. More notably, the MegaETH ecosystem’s stablecoin $USDm supply has plummeted by 95%—from a May peak of $600 million down to just $18 million today—reflecting a sharp decline in network usage.
With geopolitical tensions and negative news in the crypto market stacking together, investors need to manage risks carefully and closely monitor developments.
NFA | DYOR
#加密货币 #DeFi #稳定币 #中东局势 #Market Updates
US Treasury Secretary Bessent announced unprecedented economic sanctions against Iran, the Strait of Hormuz blockade continues, and global energy supply chains are under strain. Meanwhile, the crypto market is undergoing a major adjustment: South Korea’s largest exchange, Upbit, will delist tokens including $STORJ and $JASMY on September 14, mainly due to insufficient information disclosure and concerns about business sustainability. More notably, the MegaETH ecosystem’s stablecoin $USDm supply has plummeted by 95%—from a May peak of $600 million down to just $18 million today—reflecting a sharp decline in network usage.
With geopolitical tensions and negative news in the crypto market stacking together, investors need to manage risks carefully and closely monitor developments.
NFA | DYOR
#加密货币 #DeFi #稳定币 #中东局势 #Market Updates