Market Alert:
Geopolitics Meets Volatility đ
Bitcoin has taken a sharp dive, slipping below the $64,000 mark and hovering near $63,000. The catalyst? Rapidly escalating tensions following reports of U.S. and Israeli military action against Iran.
The Quick Take:
Risk-Off Reaction: In moments of sudden global instability, the market often sees a "flight to safety," where investors pull out of volatile assets like crypto in favor of traditional hedges.
Macro Sensitivity:
This move highlights that while Bitcoin is often called "digital gold," it still reacts heavily to traditional geopolitical shocks and "black swan" events.
State of Emergency: With Israel declaring an emergency, the uncertainty is driving short-term liquidations as traders brace for further impact.$BTC
