Crypto Markets Stabilize Amid Geopolitical Tensions

Crypto Markets Stabilize Amid Geopolitical Tensions
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Crypto markets stabilized over the weekend after a sharp $200 billion drop triggered by escalating tensions between Israel and Iran. Meanwhile, key economic data and the Federal Reserve’s rate decision loom large this week.

  • Geopolitical tensions between Israel and Iran caused a $200 billion crypto market dump on Friday, with assets stabilizing over the weekend.
  • Key economic events this week include May's Retail Sales data, the Federal Reserve's rate decision, and the OPEC Monthly Report.
  • Bitcoin briefly dipped below $105,000 but recovered to $106,000, while Ethereum and altcoins like Solana and Bitcoin Cash showed positive momentum.
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