The tension in the Middle East has deeply affected the cryptocurrency markets as well as risky assets on a global scale. Cryptocurrency markets, which were hit hard after rumors of war, were hit again by Iran's attack on Israel. While Bitcoin was priced above $ 70,000 in the futures markets, it fell to $ 59,500.
While altcoin prices fell by up to 50%, many cryptocurrencies returned to the levels they were traded 1 year ago. After the statements from Iranian officials that the process was completed, a positive price movement of nearly 20% was observed in many coins, especially Bitcoin. The effects of the process in which millions of dollars were liquidated are still ongoing.
At the time of writing, Bitcoin (BTC) is trading at $64,951 and Ethereum (ETH) is trading at $3,139.
The fear and greed index is at the greedy level with "74".
Important developments for the day:
Stacks (STX): The first day of the two-week Nakamoto upgrade period will begin.
General Market Activity: US "Retail Sales" data will be announced.
