Sanitation: US bombing of Iran's nuclear facilities marks an escalation of the situation, and Bitcoin prices are stable or due to the U.S. weekend night time
According to online reports, crypto market analysis firm Sanitation said that the US military bombed Iran's nuclear facilities today, marking that this action marked a significant escalation of the crossfire between Israel and Iran that lasted for more than a week. In the United States, Democratic Representative Ocasio-Cortez of New York has called for impeachment proceedings against Trump, and supporters believe that the move is crucial to curbing the development of Iran's nuclear capabilities. Global dignitaries and analysts have warned that Iran may retaliate through cyber attacks, armed proxy attacks or cutting off oil transportation channels. There are currently about 40,000 U.S. troops stationed in the region. As Trump himself threatens to use "more powerful force" to counter retaliation, the situation is likely to deteriorate further. The cryptocurrency market responded quickly. According to Sanitation's social indicators, the number of references to the keyword "Iran" soared immediately after the news broke out. Bitcoin prices have remained surprisingly stable, but this may have occurred on the weekend night (U.S. time) due to the event. Such geopolitical crises often trigger market volatility as investors assess the risk of expanding war.
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