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Zag net that crypto is showing some green again, while the tension around the Middle East seems to be easing a bit. Bitcoin hovers around 71,700, Ethereum is at 2,220, and Solana at 82,380 — nothing spectacular today, but it's interesting to see how the market reacts to the geopolitical situation.
The past week was quite volatile due to the conflict between Iran and Israel. Investors were initially panicked, but now the sentiment is stabilizing. Oil prices are correcting, the Strait of Hormuz seems to be calming down, and slowly the market is pricing in that the worst-case scenario might not actually happen. That also helps riskier assets like crypto.
In the past, you saw that such geopolitical risks also impacted defense-related investments — European defense ETFs, for example, rose when uncertainty increased. Crypto reacts similarly: as fear decreases, risk appetite increases, and altcoins follow.
Dogecoin is at 0.09, XRP at 1.33, BNB at 595.50 — all slightly red today. Tron is doing a bit better with a small gain. It seems we’ve moved past the shock, and the market is now waiting for the next trigger. For now, the sentiment appears cautiously optimistic.