Following the annual President Donald Tri, the air strikes were cooked on three Majorar facilites in Iran, there are net movements on the cryptocurrency market.
This morning, Ethereum lost 7.7% of its value, falling to $ 2,200, while Bitcoin remained largely stable.
The Ethereum price has lowered more than
ETH has recovered some of its losses during the day, reaching its lowest intay price since May 9. The main cryptocurrency, Bitcoin, briefly saw $ 101,000 before being negotiated near its previous levels. Since traditional financial markets were closed this weekend, cryptocurrencies were the first to react to developments.
“The market looks at geopolitical developments with concept,” said Caroline Moron, co-founder of Crypto derivatives Market Liquidity, orbit markets, noting that investors keep an attentive eye on levels of $ 100,000 for Bitcoin and $ 2,000 for Ethereum. Moron said that oil prices will also be on the agenda when traditional markets reproduce.
The uncertainty in the markets reacted to its peak when Trump announced that Iranian facilities in Fordwow, Natanz and Isfan have been affected. Trump, who said that an “attack on bombs” was in particular in the installation of Ford in particular, said this installation was closely monitored by the international community on the application of the production of nuclear weapons due to its fully active uranium activities.
“Uncertainty about the moment when” Howver, confirmation of attacks and imminent resolution led the prices to find a local background “.
According to Coinglass data, a total of $ 679 million in positions has been liquidated on the cryptography market in the last 24 hours. $ 554 million in this figure found long positions and $ 67 million made up of short positions.
Jiang also noted that during geopolitical goals, “Bitcoin generally leads to recovery”.
* These are not impact advice.