The cryptography market reflected significant losses while the United States officially entered the Iran-Israel war on Saturday evening. According to President Trump, the United States has bombed notable nuclear sites in Iran, reporting its first active strike in this geopolitical conflict.
The cryptography market reacted with notable liquidations in the Altcoin sector. Ethereum fell by more than 5% after the news, trading below $ 2,300 for the first time in a month.
In addition, Cardano approaches 3 months after the news – down 6% today. The AI agent’s parts have suffered the greatest blow, because the virtual and the FET have dropped by almost 10%.
While Bitcoin still has more than $ 102,500, the indicators suggest that it could potentially fall below the psychological level of $ 100,000 if new stairs are reported during the weekend.
Previously, Beincrypto analysts have planned that the price of bitcoin could drop by 10% if the United States entered the Iran-Israel war.
For the moment, the market will take care of Iran’s response with caution. President Trump said Iran’s response would cause other American actions.
Overall, cryptographic liquidations have exceeded $ 670 million today, and a new escalation could very well signal a short -term lower cycle.
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