In the six days that have passed since the beginning of the military conflict, the cryptocurrency market lost more than $ 160 billion. Already in the first day after exchanging the liquidation of the liquidations of crypto traders, it amounted to over $ 1 billion. As of June 18, the volume reached $ 3.24 trillion, which reflects the growing concern of investors, explained in Finbold.
Against this background, the market value of bitcoin in the moment fell to $ 102,822, and about 8% of the initial cost lost broadcast and Solana. Finbold experts note that the volatility affected not only large cryptocurrencies, but also affected the capitalization of digital assets of the second echelon, the cost of which on average decreased by 16%.
Analyst Delta Exchange Riya Sehgal (Riya Sehgal) She saidthat cryptocurrencies, despite their decentralized nature, remain very sensitive to “macroeconomic and political shocks”, which enhances the volatility of coins.
“The prospects of the cryptorrhist depend on the further development of the conflict, and the fall of bitcoin below the support zone $ 105,000 confirms the short -term turning of the trend,” said Riya Sehgal.
If the escalation continues, and Iran, for example, will block the Strait of Ormuz, through which almost 20% of global oil passes, then inflationary expectations can increase pressure on digital assets. However, I noted Sehgal, historical data show that cryptocurrency markets are able to recover after such shock. For example, after Iran’s attack on Israel in April 2024, Bitcoin fell by 7%, but the very next day He played Losses, having reached $ 66 096. A similar rebound is possible if the conflict does not develop into a full -scale war, the expert believes.
Finbold analysts believe that, despite the losses, large investors in Bitcoin have been preserved in the cryptocurrency market. Long-term holders and investor companies can use the volatility of the first cryptocurrency to “buy on subsidence”. But, according to Finbold, beginners should show reasonable caution, given the instability of the political situation.
Earlier, PeckShield security experts reported the attack of the prostilian hackers Gonjeshke Darande (Predatory Sparrow) for the largest Iranian Nobitex crypto -tank.
Source: Bits

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