Wintermute's analysis points out that the weekend airstrikes by the US and Israel on Iran triggered a sell-off in risk assets. Bitcoin dropped to as low as $63,000 before rebounding to around $67,000, while Ethereum hit a low of $1,910. ETFs recorded over $1 billion in net inflows last week, ending five weeks of outflows; however, institutional OTC trading activity remains sluggish. The market has already priced in geopolitical risks, and if the conflict is controlled, prices may repeat the pattern from last June (brief dip followed by a rebound). But if the Strait of Hormuz remains closed, high energy prices could drive up inflation, delay Fed rate cuts, and put pressure on risk assets and crypto. https://www.(wublock123.com)/index.php?m=content&c=index&a=show&catid=6&id=57485