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Strikes between the US and Iran shake the market

Strikes between the US and Iran shake the market

The escalation of military clashes between the US and Iran has caused serious fluctuations in global financial markets. Against the backdrop of geopolitical tension, investors have begun to abandon risky assets, which in turn has negatively affected cryptocurrency and stock markets. This is reported by Coindesk.com reports .

As a result of this situation, the price of Bitcoin fell to a six-week low. This asset, considered digital gold, failed to prove itself as a safe haven and remained under selling pressure. Ethereum and other major altcoins also lost significant value.

The situation in traditional financial markets is also unstable. While the S&P 500 and Nasdaq indices recorded declines, Brent and WTI oil prices began to rise due to the risk of supply chain disruptions in the Middle East. Investors are currently focusing more on traditional defensive assets such as gold and USD.

Experts note that against the background of the monetary policy pursued by the Fed and inflation expectations, such military conflicts further increase volatility in the markets. In the coming days, the situation on global stock exchanges will depend directly on the outcome of political negotiations.

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News » Economy » Strikes between the US and Iran shake the market