Global Crypto Market Plunges Amid Rising Tensions Between Israel and Iran

The global cryptocurrency market has witnessed a drastic decline in value following the recent military strikes conducted by the United States against Iranian targets. This downturn is attributed to the heightened tensions between Israel and Iran, which have been escalating over several months.

The airstrikes carried out by the US have further exacerbated the situation, leading to increased instability in the region. As a result, economies worldwide are experiencing significant losses due to the decline of crypto assets.