🌍 Crypto Market Shaken: Geopolitics and Tether Trouble! 🚀
The crypto market just hit a bit of turbulence! $BTC dropped 2% to $65,500, currently trading at $67,150. Thanks to some global twists and turns. Israel's strikes on Iran set off fireworks across markets as traders sold off on shaky nerves. Altcoins took a hit too, thanks to the selling frenzy.
📉 Tether Under the Spotlight Again 👀
Meanwhile, Tether faced fresh U.S. DOJ scrutiny, dipping just below its USD peg. Tether quickly dismissed the allegations, but USDT’s slip still added to the market’s nervous vibe. Analysts like Benjamin Cowen think $BTC might ride out the storm, but altcoins could struggle. Others, like Jeff Dorman, say the market’s used to regulatory waves by now.
What’s Next? 🔮
Expect things to stay spicy in the short term! With geopolitics and regulatory surprises around, this rollercoaster isn’t stopping soon. Buckle up, traders—volatility’s the name of the game!
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