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Is Crypto's Weekend Drop a Preview of Monday? Houthis Target Riyadh, Trump Weighs Iran

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Is Crypto's Weekend Drop a Preview of Monday? Houthis Target Riyadh, Trump Weighs Iran

Cryptocurrency markets absorbed a weekend of escalation in the Middle East alone. The global market cap fell by 4% to $2.76 trillion, while oil, bond, and equity markets remained closed. Houthi forces struck the Saudi capital Riyadh on Saturday. The US has also warned that the conflict has “the potential to escalate rapidly.” Oil Closed The post Is Crypto's Weekend Drop a Preview of Monday? Houthis Target Riyadh, Trump Weighs Iran appeared first on BeInCrypto.

Key Takeaways

  1. Cryptocurrency markets absorbed a weekend of escalation in the Middle East alone.
  2. The global market cap fell by 4% to $2.76 trillion, while oil, bond, and equity markets remained closed.
  3. Houthi forces struck the Saudi capital Riyadh on Saturday.
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Summary generated by IndiCrypto from BeInCrypto. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.