đ¨ Crypto Market Alert! đ¨
Bitcoin (BTC) dips below $60k for the first time since mid-September, following President Biden's hint at supporting Israeli strikes on Iranian oil facilities. Major altcoins like Ethena (ENA), Conflux (CFX), and Beam (BEAM) also nosedived by over 15%.
đ Crude oil prices surged over 4%, with Brent hitting $76.5 and WTI at $73. American indices like the Dow Jones and Nasdaq 100 dropped by over 50 bps amid rising geopolitical tensions.
Blackrock analysts highlight Bitcoin's resilience during geopolitical crises, outperforming S&P 500 and gold in past events. Is Bitcoin your hedge against inflation? Share your thoughts below! đŹ
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