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🌍 Impact of US-Iran tensions on crypto markets
This situation is like a sudden argument at your doorstep, and it blocks the gas station too, directly affecting the coins in your hands:
First, oil prices spike, everything becomes more expensive, global inflation picks up again, and the Fed will have a harder time cutting rates. The dollar will be more "valuable," and in the short term, BTC and ETH-like risk assets are prone to selling pressure and sharp volatility. Don't over-leverage, or you'll easily get liquidated.
Second, everyone gets scared, and money rushes to safe havens. Gold and crud