Crypto Leads Market Reaction to US-Iran Tensions
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Markets opened the week under pressure after failed peace talks between the US and Iran triggered a broad sell-off. Bitcoin dropped from near $74,000 to around $70,570 over the weekend, signaling risk-off sentiment before traditional markets even opened.By Monday, stocks followed crypto’s lead, with major indexes like the S&P 500 and Nasdaq declining as geopolitical tensions escalated. The pattern highlights how crypto markets are increasingly acting as an early indicator of global risk, reacting faster than traditional financial systems to breaking developments.