Earlier this year when Iran fired middles at Israel and escalated Middle East war tensions (which would also draw US in most likely) I expected the crypto market to dump yet it did the complete opposite. People here were basically responding to me with things like because no one cares about war in the Middle East…it wouldn’t affect crypto etc.
Now it’s dumping hard/cratering and all the reasons I’m seeing from a lot of people is the because of war escalations in the Middle East
So can someone please break down the logic of this. Does it or does it not matter? What is the reason for this sudden crashing
Yes I’m using the the word ‘crash’ quite frivolously to a lot of people so only respond to the actual question please and no ‘thinks -20% is a crash must not be an OG like me’
It’s been at least 3 days of red which is kinda strange
submitted by /u/ManifestCartoon
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