Market volatility has intensified following President Trump's decision to launch airstrikes on Iran's nuclear facilities. The cryptocurrency sector experienced a significant downturn as a result, with XRP witnessing a nearly 16% decline over the past month, dropping from approximately $2.47 to $2.04 amidst widespread market anxiety.
Additionally, the sudden military actions led to the eradication of $595 million in bullish positions, causing substantial liquidations throughout the Bitcoin market and other cryptocurrencies, reflecting the heightened uncertainty among investors.
