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US Strikes on Iran Threaten 4% of Bitcoin Hash Rate as Crypto Markets Brace for Volatility

US Strikes on Iran Threaten 4% of Bitcoin Hash Rate as Crypto Markets Brace for Volatility

Why the strikes hit crypto

Geopolitical shocks tend to trigger a flight to safety, and crypto is still treated as a risk asset by most institutional players. The immediate reaction is likely selling pressure. But the market was already in deep fear territory before the strikes — the Fear & Greed Index sat at 27. That means much of the negative sentiment may already be priced in. The sell-off could be shallower than some expect, especially if de-escalation signals emerge quickly.

" Translation: "

Pourquoi les frappes touchent le crypto

Les chocs géopolitiques ont tendance à déclencher une fuite vers la sécurité, et le crypto est encore traité comme un actif risqué par la plupart des acteurs institutionnels. La réaction immédiate est probablement une pression à la vente. Mais le marché était déjà en territoire de peur profonde avant les frappes — l'indice Fear & Greed se situait à 27. Cela signifie qu'une grande partie du sentiment négatif est peut-être déjà intégrée dans les prix. La vente pourrait être moins profonde que certains ne le craignent, surtout si des signaux de désescalade apparaissent rapidement.

" Note: "flight to safety" -> "fuite vers la sécurité" or "repli vers des valeurs refuges". I used "fuite vers la sécurité". "priced in" -> "intégrée dans les prix". "sell-off" -> "vente" or "débouclement". I used "vente". Third section: the market snapshot div. Need to preserve HTML structure and translate text inside. Original:

📊 Market Data Snapshot

24h Change
+0.80%
7d Change
-0.20%
Fear & Greed
27 Fear
Sentiment
🔴 slightly bearish
Bitcoin (BTC): $63,887 Rank #1
Translate text: - "📊 Market Data Snapshot" -> "📊 Aperçu des données de marché" - "24h Change" -> "Variation 24h" - "7d Change" -> "Variation 7j" - "Fear & Greed" -> "Fear & Greed" (keep as is, but maybe "Indice Fear & Greed"? But the label is just "Fear & Greed" in original, so keep) - "Fear" (inside span) -> "Peur" - "Sentiment" -> "Sentiment" - "slightly bearish" -> "légèrement baissier" - "Bitcoin (BTC):" -> "Bitcoin (BTC) :" - "Rank #1" -> "Rang #1" Also note: the dollar amount $63,887 should be 63 887 $ in French. But in the HTML it's written as $63,887. We can keep the dollar sign before but with space? In French, we often write "63 887 $" or "$63 887". Since it's inline, I'll keep as "$63 887" but original has comma. I'll change to space: "$63 887". Also the