Macro· ★★★★· bearish·

Crypto market falls 4% over weekend amid Middle East escalation

  • Crypto market capitalization fell 4% to $2.76 trillion over the weekend
  • BTC at $80,354 (-0.9% in 24 hours, +3.9% over the week), ETH at $2,586.72 (-1.29%)
  • SOL dropped 4.2% to $108.45, ZEC fell 5.47% to $1,452.20
  • Houthis attacked Riyadh, Trump weighs strikes on Iran
Why it matters: The opening of oil and stock markets on Monday will show whether they confirm the crypto market's risk repricing; a jump in Brent would add pressure after the Fed's rate hike.
Source: BeInCrypto