The Israel-Iran tension in the Middle East affects the cryptocurrency market as well as global markets. Bitcoin (BTC) has followed a volatile course, occasionally falling below $ 105,000. Such tensions can reduce investors' risk appetite and cause them to exit crypto assets. However, some analysts also state that Bitcoin may have "safe haven" potential in this environment. #Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars #Fed June Rate Decision #GENIUS Stablecoin Act Passed
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Geopolitical Tensions and Market Effects
The Israel-Iran tension in the Middle East affects the cryptocurrency market as well as global markets. Bitcoin (BTC) has followed a volatile course, occasionally falling below $ 105,000. Such tensions can reduce investors' risk appetite and cause them to exit crypto assets. However, some analysts also state that Bitcoin may have "safe haven" potential in this environment.
#Gate Latest Proof of Reserves Reaches 10.453 Billion Dollars
#Fed June Rate Decision
#GENIUS Stablecoin Act Passed