QCP: Cryptocurrency Market Remains Range-Bound Amid US-Iran Conflict

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Deep Tide TechFlow News, March 2nd, QCP released a daily briefing stating that after the U.S. launched an attack on Iran on Saturday, Bitcoin and Ethereum briefly dropped to $63,000 and $1,910, then recovered to their previous trading ranges. Despite triggering approximately $300 million in long liquidations, market reactions were relatively mild, indicating that investors have already reduced their positions or that safe-haven funds are shifting toward tokenized gold and other all-weather assets. The options market volatility response was restrained, showing that the market is prepared for geopolitical risks. The Trump administration stated that military actions will be limited to “about four weeks,” temporarily easing market concerns. Analysts remain cautious, believing the conflict is still in its early stages and closely monitoring Iran’s retaliatory capabilities and the situation in the Strait of Hormuz.

BTC-2,61%
ETH-4,48%
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