Recently, after the increase in tensions with Iran, the dollar started to strengthen, and this situation is putting serious pressure on the crypto markets. Did you notice? When geopolitical risks increase like this, the dollar, which is generally seen as a safe haven, tends to demand more, leading to outflows from risk assets.

We are experiencing the same scenario in the crypto market right now. Some altcoins trading at or below the $100 level are facing significant selling pressure. These kinds of macroeconomic factors continue to affect not only crypto but the overall financial markets as well.

For those who closely follow the sector, this is actually a normal situation. When geopolitical uncertainty rises, the dollar index increases, which reduces interest in risky assets. We have once again seen how sensitive the crypto market is to such external factors.

It could be interesting to observe which assets are more resilient during this period on Gate. Some crypto assets tend to behave more stably against macroeconomic shocks. Keeping a close eye on what is happening in the market now seems important for making investment decisions.