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#IsraelStrikesIranBTCPlunges
The cryptocurrency market fell by 2% after the failed negotiations between the US and Iran over a ceasefire.
Geopolitical instability increases the correlation of cryptocurrencies with traditional risky assets, which may limit their role as a safe haven.
The sharp market reaction to news from Pakistan indicates the fragility of the current bullish trend and high sensitivity to external shocks.
Investors should monitor the dynamics of BTC and ETH at levels of $71,600 and $2,200 — holding these will be crucial for restoring a positive scenario.