The crypto market is crashing, and the total market cap is falling to $3.3 trillion, with more than $130 billion wiped from the market. Bitcoin dropped 2%, while Ethereum shed 4.4%. Geopolitical tensions, especially the Israel-Iran conflict, rattled investors, pushing them toward safer options.
Tensions kicked off when Israel launched missile strikes on Iranian nuclear sites. Investors, spooked by the risk of a wider conflict, flocked to gold and bonds, leaving crypto and stocks in the dust. The Crypto Fear & Greed Index slid from “Greed” to “Neutral,” and over $1.15 million in crypto long futures liquidated.
It’s a classic market shake-up, but there’s always a silver lining if you peek deeper.
Crypto Fear and Greed Index
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Crypto Bouncing After Crashing: 101 Playbook
Israel-Iran war is not the only reason why crypto is crashing. Other global tensions, the Russia-Ukraine war and US-China trade spats also piled on the pressure. These issues are accumulating and dragging crypto down, so much for MAGA and a crypto-friendly world.
Crypto, still a wild young market, is prone to manipulation and political situations.
People predict a deeper drop if the market dips below $3.35 trillion. Yet, Bitcoin held steady above $100K, and the Relative Strength Index at above 40 hints at a space ready to be climbed.
This is just the beginning for crypto, and a rebound could come fast when the world is calming down. It’s a tense dance between global events and economic moves, but crypto has been through worse.
Bitcoin will bounce back, it’s a question of “when,” not “if.”
When it does bounce back, layer-2 solutions will take all the advantages. Bitcoin needs this tech to handle faster, cheaper transactions for real-world use. Layer-2 cuts fees and boosts efficiency, drawing in more users and investors.
Geopolitical hiccups are just a short-term drag, but layer-2 will pave Bitcoin’s road to recovery and long-term growth.
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Bitcoin Hyper: The First and Only Bitcoin Layer-2
Bitcoin HYPER is the first layer-2 token for Bitcoin. Still in presale, it offers fast settlements and dApp advantages. It rides on sentiment waves and Bitcoin’s upward momentum, while blending layer-2 utility with memecoin adoption rate.
When Bitcoin starts to have its moment back, its layer-2 will also jump on its side or likely spring on a higher jump. Taking advantage of the market dip now and harvesting when the positive sentiment is back is always the key to making it in this industry.
Right now, Bitcoin Hyper is priced at $0.011 with almost $1.5 million USD raised in less than a month. It also comes with a bonus of 520% APY staking rewards in its native token for early adopters.
Play it smart, join Hyper now when the crypto market is crashing.
Connect with the Bitcoin Hyper community on Telegram and X.
Visit the Bitcoin Hyper website by clicking here
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Key Takeaways
- The crypto market is crashing, and the total market cap is falling to $3.3 trillion, with more than $130 billion wiped from the market.
- When Bitcoin does bounce back, layer-2 solutions will take all the advantages.
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