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⚠️Middle East conflict erupts, straits closed! The crypto market faces a "geopolitical blow"
The US and Israel's airstrikes on Iran escalate, the Strait of Hormuz appears to be closed, global oil prices surge, and inflation expectations spike instantly.
The crypto market responds with a sharp decline, dropping nearly 600 points from the high, risk capital fleeing across the board, and a wave of margin liquidations hitting.
Short-term extremely negative: Fed rate cuts are off the table, liquidity tightens, and Bitcoin and Ethereum experience a panic sell-off first;
But long-term hidden op

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