Iranian attack hits oil depot in Fujairah, UAE. The port is located on the Oman Gulf coast and is outside the Strait of Hormuz, making it a strategically important alternative for oil exports. Fujairah Port is one of the world's largest hubs for storing and transshipping oil and petroleum products, as well as a key reserve storage center for Gulf countries. $BTC ‌$ETH ‌$USDT ‌

Search $ETH based on @XCreators Has decreased in the last 7 days. Previously 80k per day, now down to 30k per day. "Everyone has already disappeared"

Wintermute analysis indicates that the weekend airstrikes on Iran by the US and Israel triggered a sell-off in risk assets. Bitcoin dropped to a low of $63,000 before rebounding to around $67,000, while Ethereum touched a low of $1,910. ETF saw over $1 billion in net inflows last week, ending five weeks of outflows; institutional OTC trading activity remains subdued. The market has already priced in geopolitical risks. If the conflict remains controlled, prices may repeat the pattern seen in June last year (a brief dip followed by a rebound); however, if the Strait of Hormuz remains closed, elevated energy prices will push up inflation, delay Fed rate cuts, and put pressure on risk assets and cryptocurrencies.