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* Due to geopolitical tensions: Geopolitical events such as the Israel-Iran tensions may affect the cryptocurrency market as well as the global market, leading to occasional market downturns. However, it has also been observed that the market often recovers in response to such news.
* Bitcoin (BTC) Status: Bitcoin is the locomotive of the cryptocurrency market. Although it has experienced some volatility recently, it has generally maintained a strong position and occasionally surpassed key levels, attempting to set new records. Bitcoin ETF ( exchange-traded fund ) plays a significant role in the market and has increased institutional interest.
* Ethereum (ETH) Status: Ethereum is also one of the leading cryptocurrencies in the market. The development of ETH ETFs has sustained interest in Ethereum. NFT (Non-Fungible Tokens) activities and DeFi (Decentralized Finance) ecosystem are among the factors enhancing the value of Ethereum.
* Altcoins: In addition to Bitcoin and Ethereum, there are many altcoins in the market. Their value may fluctuate in parallel with the trends of Bitcoin and Ethereum, or it may change based on their own unique developments.