Bitcoin and altcoins continue to trend lower, while crude oil prices have risen as the possibility of a crisis in the Middle East increases.

- Bitcoin (BTC) has fallen below $60,000. Other altcoins Ethena (ENA), Conflux (CFX), and Beam (BEAM) have lost more than 15%.

- Brent and West Texas Intermediate crude oil prices have increased more than 4%.

- Biden's statement that Israel will support an attack on Iran has shaken the markets.

- A prolonged war could also affect cryptocurrency markets.

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