In recent days, the crypto market has experienced sharp price movements. Bitcoin, often viewed as a risky asset as well as an investment alternative during crises, saw a significant drop when reports of attacks on Iran circulated widely. Reports from the global market noted Bitcoin falling below the USD 64,000 mark, while other major crypto assets like Ethereum also experienced significant declines.
However, this volatility did not occur uniformly throughout the days during the weekend trading session, with Bitcoin and several altcoins showing a strong price recovery, as Bitcoin rose back to the range of over USD 66,000–67,000 as the market digested the latest news of the conflict.
Will the crypto market react again next week, we look forward to it.
