📉 Cryptocurrency in the midst of geopolitical tension:

Does the threat of nuclear weapons between Iran and Israel push the market towards collapse?

Cryptocurrency markets have experienced sharp declines today, with major currencies falling such as:

ETH (Ethereum): –8.69%

BTC (Bitcoin): –3.62%

SOL (Solana): –5.79%

ADA (Cardano): –6.35%

PEPE, DOGE, XRP, and others are in a collective downward trend.

This decline comes in conjunction with escalating military tensions in the Middle East, particularly between Iran and Israel, following reports of a potential escalation of the conflict to a nuclear level or the use of advanced weapons such as the electromagnetic pulse (EMP) bomb.

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🔥 The relationship between geopolitics and Bitcoin

Cryptocurrencies, led by Bitcoin, are known to be:

High-risk assets.

They are quickly affected by geopolitical events.

They are sometimes viewed as an "alternative safe haven," but in cases of nuclear threat or global power outages (as caused by the electromagnetic bomb), cryptocurrencies lose their most essential components: the internet and energy.