Santiment: Bombshell Event Signals Escalation, Bitcoin Price Stable or Rising Due to U.S. Weekend Night Hours

On June 22nd, the cryptocurrency market analysis firm Santiment announced that today the US military carried out a bombing on an Iranian nuclear facility, signifying a notable escalation in the ongoing conflict with Iran that has endured for more than a week. In the US domestically, New York Democratic Representative Ocasio-Cortez has advocated for the impeachment of Trump. Meanwhile, his supporters contend that this move is essential for containing Iran's nuclear capabilities. Global leaders and analysts have cautioned that Iran may retaliate through cyberattacks, armed proxy assaults, or by disrupting oil shipping lanes. Currently, there are approximately 40,000 US troops stationed in the region. Trump himself has threatened to use "greater force" to counter any retaliatory actions, which may potentially lead to a further escalation of the situation. The cryptocurrency market responded promptly. According to Santiment's social metrics monitoring, the mention of the keyword "Iran" witnessed an immediate surge after the news broke. The price of Bitcoin remained surprisingly stable. However, this might be because the event took place during the weekend night (US time). Such geopolitical crises usually result in market fluctuations as investors evaluate the risks associated with the escalating conflict.