đš Israel Attacks Tehran: Ripples Through the Crypto Market đđ„
Breaking news of Israelâs sudden attack on Tehran, Iranâs capital, is sending shockwaves through the cryptocurrency market. Hereâs what weâre seeing so far:
1. Bitcoin (BTC) has dropped sharply, down 2% in the last hour alone, falling below the critical $66,000 mark. Over the past 24 hours, it's down 3.3%, as investors brace for more volatility.
2. Ethereum (ETH) mirrors BTCâs dip, losing 3% and now priced at $2,420.
3. GOAT (Goatseus Maximus), a hot new altcoin, took the biggest hit â down 6.7%, slipping to $0.67.
𧚠Market Cap Impact â The entire crypto market capitalization has plunged by 3.27%, now at $2.25 trillion. In the last 24 hours, the market saw $313.16 million in withdrawals, with most liquidations coming from long positions ($255.91 million), while short positions accounted for $57.24 million.
đč Technical Analysis Outlook â TradingViewâs technical analysis stays bullish overall, recommending a "buy" based on 11 indicators. However, oscillators are shifting from "neutral" to "sell," hinting that the market may see more turbulence.
With this intense geopolitical backdrop, investors should watch closely as more volatility could be on the horizon. đ Stay prepared!
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