The week ended with significant geopolitical events as the US launched strikes on Iranian nuclear facilities, leading to sharp market shifts.
Tension in Global Markets
This weekend, global markets felt the impact of reports about direct US strikes on three major nuclear facilities in Iran. Former President Donald Trump, who authorized the operation, stated the sites were 'obliterated,' warning of further escalation if Iran retaliates.
Bitcoin Holds, but Ethereum and Alts Suffer
Surprisingly, Bitcoin has remained relatively stable, while Ethereum has slipped below the crucial $2,300 support level, dragging many altcoins down. Analysts warn that during geopolitical instability, investors tend to seek safer assets, putting altcoin positions at greater risk.
What Comes Next?
While there is no full panic emerging in the markets, the situation could change rapidly if tensions escalate further. The timing of when Western markets wake up and react to the news may lead to sharper market movements.
The situation remains tense, and critical headlines could significantly influence the direction of cryptocurrency markets. Investors are closely monitoring further developments.
