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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

Last updated: Aug 07, 2025

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