Following Bitcoin's 6% decline since Iran's missile attack on Israel, several investors are questioning whether the cryptocurrency's alleged 'safe haven' status still holds.
Is Bitcoin a safe haven amid Middle East tensions? Here's what you need to know Following Bitcoin 's 6% decline since Iran's missile attack on Israel, several investors are questioning whether the cryptocurrency's alleged safe haven status still holds. Ethereum ETFs expand outflows amid Middle East war Ethereum trades around the $2,400 psychological level on Wednesday, down over 4% following $48.
6 million outflows from ETF investors as the war between Israel, Hamas, Hezbollah and Iran is hurting market sentiment. However, buying pressure from spot traders on crypto exchanges could see the top altcoin bounce off the $2,395 support level. XRP down 3% as Bitwise files with the SEC, shows intent to launch first US-based Spot XRP ETF Ripple lost value on Wednesday even as asset management giant Bitwise affirms its intent to register the United States’ first Spot XRP ETF.
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