Bitcoin

This geopolitical flare-up occurs as BTC consolidates after a 7-day -3.16% pullback, with high BTC dominance (altcoins underperforming) and low volume signaling fragile confidence. Historically, Middle East escalations cause knee-jerk crypto sell-offs but often mark local bottoms if the conflict remains contained.

Riyadh airport was hit again amid ongoing Iran war, while Tehran stated that the US reply to its peace terms was 'inadequate'.

Riyadh Airport Hit Again as Iran Calls US Reply to Peace Terms 'Inadequate'

Iran's 'inadequate' US reply could trigger snapback sanctions, freezing crypto assets and forcing Iranian miners to relocate, reducing global hashrate and boosting Bitcoin's price.