The cryptocurrency market has been experiencing heightened volatility in recent days due to escalating geopolitical tensions in the Middle East.
Following statements from U.S. President Donald Trump suggesting an extension of military operations and potential strikes on Iranian oil infrastructure, investors have become increasingly risk-averse.
This shift has led to a noticeable correction across major digital assets, with Bitcoin dropping 3.25% in 24 hours and sitting at a staggering -21% year-to-date (YTD).