Today in the crypto market, Bitcoin led the decline, falling 4.42% and breaking below the psychological barrier of $70,000, shattering its resilience after holding firm for several days. Ethereum fell 3.82%, slightly less than Bitcoin, but still broke through previous support levels. Solana fell 4.99%, having already seen significant gains, resulting in a deeper correction, with institutional gains being overshadowed by macroeconomic headwinds.
I believe the entire crypto market experienced a crash. Risk assets are falling in unison, and the market is pricing in war, inflation, and interest rates. However, institutional entry and application deployment provide long-term support, and this pullback presents a buying opportunity.#BitcoinPrices $BTC $ETH $SOL
Israeli authorities say Iran launched a volley of missiles at Tel Aviv and other parts of the countr
Israeli authorities say Iran launched a volley of missiles at Tel Aviv and other parts of the country. Kuwait and Saudi Arabia were attacked by drones and missiles, while Israel says it struck targets linked to Hezbollah in Lebanon, which it claims is Iranian-backed. The economies of Saudi Arabia and the United Arab Emirates, heavily reliant on energy transport through the Strait of Hormuz, are now increasingly embracing a confrontation with Iran.
Oil prices climbed back above $100 a barrel after a sharp drop in the previous trading session following US President Trump's announcement that the US would temporarily postpone strikes on Iran's power grid for five days. Trump stated that the decision was based on consultations with Iran, which he described as "productive" and "very strong." However, the Iranian parliament speaker denied any such negotiations were taking place and accused Trump of fabricating the claim to ease turbulent financial markets. $BTC