The post Here’s Why the Crypto Market is Falling appeared first on Coinpedia Fintech News
It appears that the cryptocurrency market is poised for a massive price drop and may crash in the coming hours, following the escalated tension between Iran and Israel. During the opening bell of the US stock market, Barak Ravid, a political reporter shared a post on X (previously Twitter) that Iran is preparing to imminently launch a ballistic missile attack against Israel.
Escalating Tensions Between Iran and Israel
Barak noted that “Senior White House Official tells me: ‘The United States has indications that Iran is preparing to imminently launch a ballistic missile attack against Israel.’”
Source: X (Previously Twitter)
However, this post went viral like wildfire as it gained significant attention from crypto enthusiasts and has gained 1.2 million views in just a few hours.
Crypto Market Begins to Decline
At press time, the overall cryptocurrency market began falling,
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