How Bitcoin, Ethereum, and Solana React to Rising US-Iran Tensions

The world’s top cryptocurrencies are becoming cautious as the Middle East becomes increasingly turbulent.   As speculations of a potential US strike on Iran spread, the prices of Bitcoin, Ethereum, and Solana have all fallen.   Because the global markets are so volatile, cryptocurrency traders and investors are paying close attention to charts and news headlines.

Geopolitics Make People Less Certain About the Market.

The threat of US military intervention in the Middle East has heightened investor concern over the situation between Israel and Iran.   Bitcoin is around $105,000, but Ethereum and Solana are trying to keep above key support levels.   According to J. P. Mayall, historical data demonstrates that during such battles, markets frequently fall before rising, just as they did during geopolitical crises.   However, the short-term outlook is remains uncertain.

Faith in institutions remains strong

Even when things are tense, prominent companies continue to embrace cryptocurrency.   According to Farside Investors, more than $1 billion has been invested in Bitcoin ETFs since June 13, and Ethereum funds have also witnessed a significant increase in activity.   BlackRock’s recent comparisons of cryptocurrency, gold, and stocks during conflict have only increased institutional interest.

Technical trends indicate that BTC, ETH, and SOL may all fall to $99K, $2,336, and $123, respectively.  The RSI values for all three are less than 50.   However, experienced investors consider long-term stability in addition to short-term corrections. The next significant gain in cryptocurrency could occur in the coming weeks, when volatility is high and macroeconomic variables are unclear.

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