Risk-Off Sentiment Grips Crypto Markets Amid US-Iran Tensions

Ripple's XRP and Stellar's XLM continued their downward trend on Tuesday, plummeting under pressure from broader risk-off conditions fueled by US-Iran tensions. The US President Donald Trump formally declared war with Iran to the US Congress, sending shockwaves through global markets.

XRP slipped below $1.070, while XLM hovered near its critical support at $0.177, both altcoins hinting at a deeper correction amid geopolitical risks and a deteriorating technical outlook.

The broader cryptocurrency market reflected this risk-off sentiment, with Bitcoin (BTC) holding steady at $62,000 despite the turmoil. Meanwhile, Pi Network's PI and Worldcoin's WLD led losses over the last 24 hours.