Crypto Markets Collide as Israel-Iran Conflict Fuels Geopolitical Volatility

The escalating conflict between Israel and Iran triggered a sharp downturn in the cryptocurrency market, resulting in a significant $230 billion loss. Investors reacted to geopolitical instability with caution, causing Bitcoin and other altcoins to plummet significantly. This event highlights crypto’s vulnerability to global events and raises questions about its role as a haven asset during times of uncertainty.