đ **Crypto Market Shaken by Middle East Conflict!** đ
- On Oct. 1, the crypto market took a hit as geopolitical tensions between Israel and Iran escalated.
- Top 10 cryptos, including Bitcoin (BTC), saw a sell-off, with BTC dropping 3.9% to below $61,200.
- Ethereum (ETH), Binance Coin (BNB), and Solana (SOL) fell 6-7%.
- Stablecoins like Tether (USDT) and Circle USD Coin (USDC) slightly depegged but held around $0.99.
- Bitcoin mining stocks also dipped, with Marathon Digital down 9% and CleanSpark down 6%.
đ Tyr Capital CIO Ed Hindi suggests Bitcoin is a safe bet amid the turmoil, likening it to digital gold.
đŹ What are your thoughts on Bitcoin as a hedge in uncertain times? Comment below!
