Middle East Conflict Weighs on Cryptocurrency Markets

The ongoing conflict in the Middle East is sending shockwaves through global markets, with cryptocurrency prices taking a hit. Bitcoin and Ethereum have both dropped significantly over the past 24 hours, while Solana has fallen below $90.

The Fear and Greed Index, which measures market sentiment, currently reads 22, indicating 'Extreme Fear' among investors. This is a slight improvement from last week's reading of 11, but prices are still moving lower.