Conflict Escalation

The US conducted new strikes on Iranian missile and drone storage sites after Iran violated the ceasefire. Iran's IRGC claimed strikes on 8 US targets, and an oil tanker was hit in the Strait of Hormuz.

Market Impact

Geopolitical risk spiked oil volatility and reinforced the macro headwinds pressuring BTC and broader crypto assets downward.

Risk-Off Sentiment

Escalating tensions are driving investors away from risk assets including crypto.@Binance News @Yi He #USStrikes10IranianMilitaryTargets