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Just noticed crypto taking a hit again. Bitcoin and other coins are sliding as U.S. and Iranian negotiators basically hit a wall on any potential war resolution talks. Seems like every time geopolitical tensions spike, the market gets spooked and people start pulling back.
It's interesting how much these macro events still move cryptocurrency down despite all the talk about crypto being independent from traditional markets. When there's uncertainty about what governments might do next, even digital assets catch the selloff. Guess traders still treat crypto as a risk-on asset when things get tense globally.
Worth keeping an eye on how this develops. Usually these situations either resolve or escalate, and the market will probably react hard either way.