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Ether Tanks 7% as Geopolitical Panic Sends Traders Scrambling to Dollar and Gold
Ether Tanks 7% as Geopolitical Panic Sends Traders Scrambling to Dollar and Gold
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Ethereum''s native token takes a nosedive as Middle East tensions trigger classic flight-to-safety moves.
When missiles fly, crypto dies. Ether joined the broader market selloff after Israel''s strike on Iran sent shockwaves through risk assets. The 7% plunge highlights crypto''s still-precarious position as a ''hedge'' during geopolitical crises.
Gold glitters while digital assets crumble. Traditional safe havens saw inflows as traders executed the oldest playbook in finance—when in doubt, run to what central banks can''t print.
The dip buyers are circling... for now. Crypto''s volatility addicts will likely treat this as another buying opportunity—because nothing teaches risk management like getting burned repeatedly.
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