Crypto Markets Tumble: Middle East Turmoil Meets Fed’s Inflation Hawkishness

Crypto's resilience tested as geopolitical shocks collide with monetary tightening.

Bitcoin and altcoins bled out today as risk assets faced a perfect storm—rockets in the Middle East and rate hike fears from the Fed. The market's reacting like a caffeinated algo trader: all panic, no perspective.

Here's the damage:

• BTC/USD pierced below key support levels
• ETH and major alts followed suit with 5-8% drops
• Fear & Greed Index flirting with 'Extreme Fear' territory

Meanwhile, traditional markets aren't faring much better—proving once again that 'diversification' is just Wall Street's way of saying 'lose money in multiple asset classes.'

Silver lining? This dip smells like accumulation territory for long-term holders. The Fed's still behind the curve on real inflation trends, and crypto's fundamentals haven't changed. Time to load up before the next narrative shift sends prices screaming north.