ZachXBT Calls Hardware Wallets 'Complete Garbage'; Bitcoin Holds Near $65K After South Korea Rate Hike

Bitcoin

Crypto markets have been trading in a bearish trend correlated with macro risk assets, and this incident reinforces a pessimistic sentiment that is already priced in. However, historical patterns show that localized Middle East conflicts often have short-lived impacts on crypto unless they escalate into broader regional or global tensions.

Israeli airstrikes hit at least four residential buildings in Gaza City, killing 11 people including women and children, according to medics.