The crypto market is in a state of uncertainty, heavily influenced by geopolitical events affecting investment activity. Major cryptocurrencies are showing varying price levels, and investors are closely monitoring the situation.
Current Situation in the Crypto Market
Currently, the crypto market has been fluctuating after last week's price drop. Major cryptocurrencies are showing diverse results: Bitcoin (BTC) is around $105,466, Ethereum (ETH) is at $2,544.95, XRP is showing weak results at $2.17, and Cardano (ADA) has decreased by 5.71% to $0.6307.
Geopolitical Tension and Its Impact
The ongoing conflict between Iran and Israel has increased volatility in financial markets, including the crypto market. This adds another layer of uncertainty for investors, who may decide on buying or selling assets based on the evolving situation.
Cryptos to Watch Next Week
Cryptocurrencies that have seen significant losses over the past week and may show technical corrections include Kaspa (KAS), DeXe (DEXE), Injective (INJ), Zcash (ZEC), and Story Protocol (IP). These assets are at the lower end of their ranges and may be worth monitoring in the coming days.
Given the escalating geopolitical tensions and price changes in major cryptocurrencies, the upcoming week may be pivotal for the crypto market. Investors should continue to monitor the situation and market dynamics.
