The global crypto market is once again under pressure amid the escalating Middle East tensions. As the conflict between Iran, Israel, and the US intensifies, uncertainty is spreading across risk assets, like Bitcoin.
This current crypto market downturn is mainly driven by the latest remarks from Iranian President Masoud Pezeshkian. He declared that Iran āwill not surrender.ā This has further heightened geopolitical fears, triggering another major dip in the industry.