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#BountyDrop is Live on Gate Wallet
#weekend market analysis
Market Overview: Tensions between Israel and Iran create a state of instability
Israel launched a large-scale attack on Iran on Friday, targeting nuclear facilities, ballistic missile factories, and military leaders. According to Israeli Prime Minister Benjamin Netanyahu, as reported by Reuters, the attack aims to prevent Iran from making a nuclear weapon, putting the lives of its people at risk.
Iran responded to that attack with around 100 drones targeting Israeli territories. Israel is working to intercept the Iranian drones, declaring a state of emergency in preparation for further escalation.
The world is on high alert, as global markets, including cryptocurrencies, are experiencing sharp fluctuations. All sectors have seen significant declines, with the total cryptocurrency market cap dropping by about 3% to reach $3.4 trillion, compared to $3.5 trillion on Thursday, according to CoinGecko data.