The recent Bitcoin recovery above the $ 100,000 mark comes after a large sale triggered by the climbing of tensions in the Middle East, especially after the American air strikes on Iranian nuclear installations. These geopolitical disorders led to a loss of $ 40 billion in the cryptocurrency and significant liquidation market. Meanwhile, Ethereum and Solana also faced drops. In a separate development, Celestia’s co-founder John Adler proposed a model of governance proof aimed at reducing the delivery of useless tokens for liquid shiny tokens, potentially improving the effectiveness of the protocol. In addition, the Web 3 Hashdit safety company has notified users of a Cointelegraph Compromis website, advising caution. In related news, the supreme head of Iran condemned American attacks, promising reprisals. Finally, an cryptocurrency address has experienced a major liquidation, but has since returned to the market with a long and lever effect position on Bitcoin, indicating a potential recovery. These events highlight the volatility and interdependence of geopolitical events and cryptocurrency markets.
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