Does the War in Israel Affects Crypto Prices ?

After the Hamas invasion in Israel and the war declaration from it, the global markets seem to fluctuate a lot, expressing their concerns regarding a second war front after that’s in Ukraine.

 

In contrast with cryptos, Bitcoin made a bold start, and managed to break some price levels that couldn’t move during the last months, shaping a new path in this situation.

 

Bitcoin surged around 2 %, flirting with a 2-month high level. On the other hand, Ethereum lost almost 2.5 % but this is likely to happen as the Ethereum Foundation sold around $2.7 million in tokens through Uniswap.

 

Other tokens like XRP, Solana, Polygon, Avalanche and Dogecoin are on the downside for 4 to 5 %, showing weakness for any recovery.

 

We will see how this front will evolve……..

 

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