And speaking like the Crazy Ms. Alondra, how is the recurring one? We have already had two updates. Regards.
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ALØNDRACRYPTØ1
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$BTC Monday of Reality, The conflict in the Middle East shakes the markets!.
The small respite we saw on Sunday couldn't withstand the pressure of Monday. Bitcoin fell back to $66,702, losing 1.1% in the last 24 hours, while other coins like Solana suffered steeper declines of up to 8% this week.
What is moving the board?
What is really affecting cryptocurrencies today is not just fear, but Brent Oil. Soaring 13% due to the closure of the Strait of Hormuz (through which a large part of the world's crude oil passes), inflation threatens to rise. This makes the FED slower to lower interest rates, which removes liquidity from the crypto market.
The experts' view:
Although the atmosphere feels heavy, some executives like Jeff Mei from BTSE suggest that the risk of a larger drop may be limited. Since Iran was already quite financially isolated, the direct impact could be close to its floor, as long as oil supply stabilizes with the help of other countries.
While Trump assures that military objectives continue, rumors of possible negotiations arise, the market remains in "wait and see" mode. For now, cryptos are behaving like risk assets in a world that has suddenly become a bit more uncertain.
$TRUMP
With oil prices rising and the traditional market in red... Do you think Bitcoin will hold the support of $66,000 or will we see a deeper correction this week?
#noticie
#USIsraelStrikeIran
#IranConfirmsKhameneiIsDead
The small respite we saw on Sunday couldn't withstand the pressure of Monday. Bitcoin fell back to $66,702, losing 1.1% in the last 24 hours, while other coins like Solana suffered steeper declines of up to 8% this week.
What is moving the board?
What is really affecting cryptocurrencies today is not just fear, but Brent Oil. Soaring 13% due to the closure of the Strait of Hormuz (through which a large part of the world's crude oil passes), inflation threatens to rise. This makes the FED slower to lower interest rates, which removes liquidity from the crypto market.
The experts' view:
Although the atmosphere feels heavy, some executives like Jeff Mei from BTSE suggest that the risk of a larger drop may be limited. Since Iran was already quite financially isolated, the direct impact could be close to its floor, as long as oil supply stabilizes with the help of other countries.
While Trump assures that military objectives continue, rumors of possible negotiations arise, the market remains in "wait and see" mode. For now, cryptos are behaving like risk assets in a world that has suddenly become a bit more uncertain.
$TRUMP
With oil prices rising and the traditional market in red... Do you think Bitcoin will hold the support of $66,000 or will we see a deeper correction this week?
#noticie
#USIsraelStrikeIran
#IranConfirmsKhameneiIsDead
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee. See T&Cs.