Global tensions continue to escalate: since the conflict began, oil prices have already doubled and are now trading around $115 per barrel, with many experts projecting $150–200 if the conflict drags on.
In reality, we’re moving along the worst-case path: the Strait of Hormuz is closed, Iran continues attacking the energy sector of neighboring countries, and overnight Iran appointed a new ayatollah — the son of Ali Khamenei, who is considered even more radical than his father.
This suggests that Trump’s regime-change gamble has failed, adding even more uncertainty.
Despite all of this, BTC has been holding up better than equities and even the S&P 500, so it will be interesting to see how the asset performs next and how countries respond to it.
However, the longer this conflict lasts, the heavier the consequences for the global economy — including the crypto market. Global inflation is accelerating, consumer spending is declining, and risk assets are moving to the sidelines.
NA ŻYWO: 🇮🇷 CNN informuje, powołując się na członka Zgromadzenia Ekspertów, który powiedział, że „imię Chameneiego będzie kontynuowane”, że Mojtaba Chamenei wydaje się być gotowy do ogłoszenia najwyższym przywódcą. $ARB $POL $SOL #IranIsraelConflict #USIranWarEscalation #SupremeLeader #MiddleEastTensions
NAJNOWSZE: 🇺🇸🇮🇷 Binance twierdzi, że roszczenia amerykańskiego senatora Blumenthala, iż konta powiązane z Iranem działały na platformie, są fałszywe i stanowią "atak na kryptowaluty." $SOL