Crypto market rebounds as Bitcoin recovers from Iran-Israel tensions
Over the past few days, the crypto market witnessed a significant downturn attributed to heightened tensions between Iran and Israel. Concerns regarding potential escalations in the Middle East unsettled financial markets, prompting investors to seek safer investment avenues.
The crypto market also declined after the recent data have not been helpful, with inflation stalled well above the U.S. central bank's 2% target for the first quarter of the year.
However, Bitcoin was last 2% higher at $65,466 in Monday's trading, after falling below $62,000 on Sunday.
