As tensions between countries continue to rise, Bitcoin's price has dropped substantially due to significant market reactions to Donald Trump's announcement regarding a more aggressive military stance toward Iran. Bitcoin recently dropped close to $65,000; Ethereum and Solana also saw additional declines. Increased prices of oil and rising uncertainty have caused investors to exit from risk assets, causing an increase in selling pressure. Additionally, low demand for cryptocurrencies, ETFs that are losing outflows and significant selling by larger holders have all contributed to increased downward pressure. The continued impact of global events should continue to shape and change trends as well. #USJoblessClaimsNearTwo-YearLow #Write2Earn

BTC

71,499.99

-1.94%

ETH

2,206.99

-1.66%

SOL

82.39

-2.24%