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<p>The post <a href="https://coinpedia.org/news/crypto-market-turmoil-hezbollah-launches-explosive-drone-attacks-on-northern-israel/">Crypto Market Turmoil: Hezbollah Launches Explosive Drone Attacks on Northern Israel</a> appeared first on <a href="https://coinpedia.org">Coinpedia Fintech News</a></p> 
<p>Problems seem to be isn’t ending anyway soon for the crypto market. First, the <a href="https://coinpedia.org/news/japan-stock-market-correction-trigger-crypto-market-crash-bitcoin-ethereum-bleeding/">Japanese Bank raised</a> its interest rate to 0.25%, up from 0% to 0.1%. Then, fears of a U.S. recession began to grow.&nbsp;</p> 
<p>Now, rising geopolitical tensions in the Middle East have escalated, with Hezbollah launching drone attacks on northern Israel.</p> 
<h2 class="wp-block-heading" id="h-geopolitical-turmoil-hezbollah-s-drone-attacks">Geopolitical Turmoil: Hezbollah’s Drone Attacks</h2> 
<p>Tensions in the Middle East have escalated dramatically with Hezbollah’s drone attacks on northern Israel. This escalation follows earlier confirmations from Iran and Hezbollah regarding their plans to retaliate against Israel. The situation intensified after Israel’s airstrike killed Hamas leader Ismail Haniyeh.</p> 
<p>Israel has warned its citizens about potential attacks in the northern region. Despite these warnings, rocket sirens blared across northern Israel as Hezbollah launched explosive drone attacks on Israeli communities. The assault injured two people, one seriously, according to initial reports.</p> 
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
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   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f534.png" alt="🔴" class="wp-smiley" style="height: 1em; max-height: 1em;"> BREAKING NEWS: Rocket sirens sound across northern Israel as Hezbollah terrorists attack Israeli communities with explosive drones.<br><br>According to initial reports, two people were injured, one of them in serious condition.<br><br>We will not let the people of Israel be terrorized. <a href="https://t.co/Z57A4Da53m">pic.twitter.com/Z57A4Da53m</a></p>— Israel ישראל (@Israel) <a href="https://twitter.com/Israel/status/1820767389635551435?ref_src=twsrc%5Etfw">August 6, 2024</a>
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<h2 class="wp-block-heading" id="h-impact-on-the-global-crypto-market">Impact on the Global Crypto Market</h2> 
<p>The crypto market is facing significant pressure, with <a href="https://coinpedia.org/news/bitcoin-bounces-back-is-a-new-bull-run-looming-amid-extreme-fear-in-the-market/">Bitcoin</a> trading at $54,833 and Ethereum at $2,457. Recent events, including the Bank of Japan’s rate hike and speculation about a U.S. Federal Reserve rate cut, have heightened market uncertainty, leading to a decline in Bitcoin prices and increased market sell-offs.</p> 
<h2 class="wp-block-heading" id="h-volatility-ahead">Volatility Ahead!</h2> 
<p>BitMEX co-founder Arthur Hayes has cautioned that the market may face another wave of volatility. He believes the current calm is likely temporary, with high leverage continuing to drive fluctuations in both stock and crypto markets.</p> 
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   <p lang="en" dir="ltr">That was the first wave. Now we wait for bodies of TradFi over leveraged muppets to surface. Then wave 2 begins. If there is going to be a bailout the mrkt needs to deliver more pain by Fri. Enjoy the respite for the war shall continue.</p>— Arthur Hayes (@CryptoHayes) <a href="https://twitter.com/CryptoHayes/status/1820582749658644790?ref_src=twsrc%5Etfw">August 5, 2024</a>
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<p><strong>Are you holding your crypto investments tight or considering a sell-off? Let’s discuss!</strong></p>

Crypto Market Turmoil: Hezbollah Launches Explosive Drone Attacks on Northern Israel

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