Tag: middle east

Bitcoin Drops Below $100,000 Amid Middle East Tensions

Bitcoin Drops Below $100,000 Amid Middle East Tensions

Bitcoin has dropped well beneath the $100,000 floor … a level of mental significance for traders. The drop came during a rising wave of geopolitical instability in the Middle East, now triggered by the latest round of U.S. airstrikes inside Iran itself. The situation was exacerbated by the broader crypto...

Bitcoin Price Surges Past $101,000 Amid Middle East Tensions

Bitcoin Price Surges Past $101,000 Amid Middle East Tensions

Although Bitcoin may be a relatively new asset class, its volatility was in full display this weekend. It blasted past $101,000 after recovering from overnight losses that had stemmed from increasing conflict in the Middle East. The cryptocurrency recovered late Sunday. Once the market’s immediate shocked reaction to these events...

Crypto Market Tumbles Amid Middle East Tensions and Economic Uncertainty

Crypto Market Tumbles Amid Middle East Tensions and Economic Uncertainty

The cryptocurrency market experienced a significant downturn as geopolitical tensions in the Middle East and looming economic decisions triggered a wave of selling. Bitcoin briefly dropped below the $60,000 mark, and Ethereum, XRP and other major cryptocurrencies tanked. The total market capitalization of all cryptocurrencies has lost over $250 billion...

Middle East Tensions Rise as Crypto Presale Gains Traction

Middle East Tensions Rise as Crypto Presale Gains Traction

Tensions in the Middle East escalated this week, marked by the closure of Israeli airspace amid rising conflict with Iran. One crypto presale doing just that captured the market’s imagination at the same time, raising over $2,193,177 in less than a week. Iran has been working through Qatar and Oman...

Bitcoin Price Braces for Potential Drop Amidst Middle East Tensions

Bitcoin Price Braces for Potential Drop Amidst Middle East Tensions

Bitcoin's price teeters on a precarious edge as geopolitical instability in the Middle East and investors' risk aversion threaten a descent below the $100,000 mark. The flagship cryptocurrency rallied to a weekly high of $110,653 on Monday. Since then, it has fallen 3.5%, settling at $106,600 low on Thursday. Many...

US Sanctions Backfire? How Houthi Crypto Use Threatens Global Security

US Sanctions Backfire? How Houthi Crypto Use Threatens Global Security

The Houthi rebels in Yemen, fueled by Iranian backing, are a clear and present danger to regional and global security. They are targeting international shipping lanes and undermining the fragile state of Yemen. Their despicable contempt for human life requires a strong and unequivocal counterstrike. We need to be clear...