A naukri.com initiative
Crypto-News-Flash
2w
38
Image Credit: Crypto-News-Flash
Iran Violates Ceasefire Deal—Crypto Investors Dump Risk, Markets Fall
- Iran reportedly breached the ceasefire deal announced by U.S. President Donald Trump, leading to a $500 million increase in crypto market liquidation.
- Analysts view the recent market pullback as a healthy opportunity for accumulation.
- The 12-day war between Israel and Iran ended with a ceasefire agreement.
- Iran's Supreme National Security Council declared Israel's acceptance of defeat and ceasefire.
- Israel claims to have achieved its goal of attacking Iran's nuclear program and missile capabilities.
- Over $1 billion was liquidated in the crypto market in response to the conflict.
- Bitcoin recovered from a low of $99,000 to hit $106,000 after the ceasefire announcement.
- Ethereum also saw a rebound from $2,191 to $2,446, with whales accumulating before the surge.
- Reports surfaced of Iran breaching the ceasefire, leading to Israeli military resuming operations targeting Tehran.
- Market liquidation in the crypto space rose to $500 million following the ceasefire violation.
- Bitcoin dropped to $105,000, while Ethereum fell to $2,400 in light of the breached ceasefire.
- Analyst Michael Van de Poppe sees the market pullback as an ideal buying opportunity.
- Another analyst predicts Bitcoin's On-Balance Volume could push the asset to $130,000 - $135,000 by Q3 2025.
- Bitget CEO Gracy Chen forecasts a Bitcoin range of $126,000 to $190,000 for the year.
- Whales and retail investors refrained from moving assets to exchanges amidst the market fluctuations.
Read Full Article
2 Likes
For uninterrupted reading, download the app