The cryptocurrency market has taken a significant hit following the US attack on Iranian nuclear facilities, with major digital currencies such as Bitcoin, Ether, XRP, and Solana all experiencing significant drops in value. The sudden military action has triggered a global market uncertainty, causing investors to pull out of digital currencies, resulting in a sharp decline in their prices. Bitcoin, the world’s most popular cryptocurrency, plummeted by 12%, while Ethereum, Ripple’s XRP, and Solana dropped 15%, 18%, and 20% respectively. Analysts predict that the turbulence in the crypto market may continue until there is a clear geopolitical resolution. Amidst the ongoing chaos, crypto traders are advised to exercise caution and stay updated on market trends to mitigate potential losses.
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