4 Things That Could Impact Crypto Markets This Week
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Crypto markets largely held weekend gains but looked shaky Monday as traders digested US strikes on Iran after an Iranian attack on a container ship in the Strait of Hormuz. Iran's declaration that the Strait is closed, disputed by the US, raises geopolitical risk and security concerns that could increase crypto market volatility and short-term downside pressure.
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Crypto markets have largely held on to gains over the weekend, but were looking a little shaky on Monday morning as traders digested the latest developments between the US and Iran.
The US has launched several waves of strikes on Iran over an Iranian attack on another container ship in the Strait of Hormuz. Iran has declared the Strait closed, while President Trump said otherwise.
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