The crypto asset manager said investors are sidelined by Middle East tensions, but resilient valuations and structural adoption trends could set up the next leg higher.
WTI crude Oil rose to $113.01, up 14.38% daily. Analyst Scott Shelton said Trump's speech signaled escalation, pushing prices higher and lifting risk.
Crypto market today turns volatile as Iran war fears push Bitcoin lower and weaken Ethereum price. The geopolitical situation continues to create uncertainty in risk markets, with crypto assets particularly sensitive to developments in the Middle East conflict. Energy price spikes are adding to inflation concerns and potentially impacting central bank policy expectations, creating additional headwinds for digital assets.
