U.S.-Iran talks collapse, the Hormuz blockade, and Cuban liquidations—three blows hit at once; where can risk assets find a safe haven?

View Original
CoinNetwork
CoinWorld News: Bitcoin (BTC) experienced a significant decline in the past 24 hours, with the price dropping to $70,147 at one point, down 3.7% in 24 hours and 8% over the past week. This price crash occurred after the US-Iran negotiations failed again, and the Strait of Hormuz was once again blocked. Analysis indicates that current high inflation may lead investors to further move away from high-risk assets like Bitcoin. Billionaire Mark Cuban recently nearly sold all of his Bitcoin, and more investors may follow suit.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pinned