NewsHK
Bitcoin, Ethereum and XRP fell in tandem after the United States launched what it characterised as "proportional" military strikes against Iran, adding a geopolitical shock to an already unsettled crypto market.
Dogecoin bucked the move, trading flat as the headline risk swept through digital assets.
Geopolitical Shock Hits Risk Assets The US strikes on Iran supplied the clearest macro driver for the selloff, linking crypto's slide to the same risk-off impulse that typically pushes investors away from higher-volatility assets during military escalations.
The "proportional" framing from Washington signals an attempt to contain the conflict, but markets assigned their own verdict — at least in the near term — by selling $BTC, $ETH and $XRP.
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