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Santiment: The bombing incident marks an escalation of the situation, and Bitcoin prices may stabilize due to it being the US weekend night.
On June 22, the crypto market analysis agency Santiment stated that the US military bombed Iranian nuclear facilities today, marking a significant escalation in the ongoing conflict between the US and Iran that has lasted for over a week. Domestically in the US, Democratic Congresswoman Alexandria Ocasio-Cortez from New York has called for the initiation of impeachment proceedings against Trump, while supporters believe this move is crucial to curtailing Iran’s nuclear capability development. Global leaders and analysts are warning that Iran may retaliate through cyber attacks, armed proxy assaults, or by cutting off oil transportation routes. Currently, about 40,000 US troops are stationed in the region, and as Trump himself threatens to use ‘more powerful force’ in response, the situation may further deteriorate. The cryptocurrency market reacted swiftly. According to Santiment’s social indicators, the mention of the keyword ‘Iran’ skyrocketed immediately after the news broke. Bitcoin’s price unexpectedly remained stable, but this may be due to the events occurring over the weekend night (US time). Such geopolitical crises typically trigger market fluctuations as investors assess the risks of expanded war.