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Iran
The age-old belief that “war is bad for the stock market” is facing a reality check in the Middle East. … Continue reading
The post Israel and Iran stock markets at all-time highs appeared first on Finbold.
The price action happened as Iran’s leadership reportedly ordered retaliatory attacks against Israel, increasing concerns about a broader conflict in the Middle East.
U.S. Sen. Elizabeth Warren (D-Mass.), one of the most prominent critics of cryptocurrency hazards, warned the top military and financial officials that Iran relies on digital assets mining as a source of revenue that can lessen the pressure from U.S. sanctions.
Iran’s first strike on Israel pushed down crypto and risk assets, while leading to a spike in gold.
The cryptocurrency market lost $430 billion in capitalization since April 12, amid an unprecedented Iranian offensive against Israel. Traders lost … Continue reading
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