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Santiment: Escalation in Situation as Bombing Incident Occurs, Bitcoin Price Stable Possibly Due to US Weekend Night Time
Summary: According to reports, crypto market analysis firm Santiment stated that today the US military bombed Iranian nuclear facilities, marking a significant escalation in the conflict that has been ongoing with Iran for over a week. Domestically in the US, Democratic New York State Representative Ocasio-Cortez has called for the impeachment process against Trump, while supporters ...
According to reports, crypto market analysis firm Santiment stated that today the US military bombed Iranian nuclear facilities, marking a significant escalation in the conflict that has been ongoing with Iran for over a week.
Domestically in the US, Democratic New York State Representative Ocasio-Cortez has called for the impeachment process against Trump, while supporters believe this is crucial to curb Iran's nuclear capabilities. Global leaders and analysts warn that Iran may retaliate through cyber attacks, proxy armed assaults, or by disrupting oil shipping channels. Currently, there are around 40,000 US troops stationed in the region, with Trump himself threatening to use stronger force in response to retaliation, potentially further worsening the situation.
The cryptocurrency market reacted swiftly. According to Santiment's social metrics monitoring, the mention of Iranian keywords surged instantly after the news broke. Surprisingly, the price of Bitcoin remained stable, but this may be due to the incident occurring during the weekend night time (US time zone). Such geopolitical crises typically trigger market volatility as investors assess the risks of escalating conflict.
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Link: Santiment: Escalation in Situation as Bombing Incident Occurs, Bitcoin Price Stable Possibly Due to US Weekend Night Time [Copy]
