Ethereum Crashes 10% as Israel-Iran Conflict Sparks Market Turmoil

Today, Ethereum has suffered a double-digit price decline as escalating geopolitical tensions between Israel and Iran rattle investor confidence across global markets.   On-chain data reveals that ETH’s sharp decline has sparked a surge in short positions across its futures market, signaling that many traders are now betting on further price losses. ETH Crashes Amid Middle East Turmoil The airstrike launched by Israel on Friday has intensified fears of broader conflict in the Middle East, sending shockwaves through both traditional and digital asset markets.   ETH, the second-largest cryptocurrency by market cap, has been hit hard, plunging over 10% in the past 24 hours as traders respond to growing geopolitical uncertainty source: https://beincrypto.com/ethereum-price-decline-amid-geopolitical-tensions/