Crypto is deep in the red today.
Yes, headlines are blaming fresh #US strikes on Iran — but the market had already been weakening for 8 straight days before that.
Total market cap: ~#US $2.48T (-4%)
$BTC : below $73K
$ETH : ~$1,968
Major alts: -6% to -14%
Fear & Greed Index: 22 (Extreme Fear)
Takeaway: geopolitics may have triggered the flush, but the underlying risk-off move was already underway.
Yes, headlines are blaming fresh #US strikes on Iran — but the market had already been weakening for 8 straight days before that.
Total market cap: ~#US $2.48T (-4%)
$BTC : below $73K
$ETH : ~$1,968
Major alts: -6% to -14%
Fear & Greed Index: 22 (Extreme Fear)
Takeaway: geopolitics may have triggered the flush, but the underlying risk-off move was already underway.