US Military Reinforces Presence Targeting Iran, Geopolitical Tensions Escalate, Crypto Market Remains Volatile

On March 29, according to HTX market information, the cryptocurrency market remained in a narrow range, with Bitcoin currently priced at $66,500, Ethereum holding steady at $2,000, SOL at $82, and BNB at $613. The total market capitalization of cryptocurrencies rebounded by 0.5% in the last 24 hours, currently standing at $2.375 trillion. The top-performing altcoins include: NOM with a 24-hour increase of 64.6%, now priced at $0.0029; ONT with a 24-hour increase of 23.1%, now at $0.061; IDEX with a 24-hour increase of 19.9%, now at $0.0037; PAITI with a 24-hour decrease of 12.44%, now at $0.0873; DEGO with a 24-hour decrease of 8.6%, now at $0.317; and TOWNS with a 24-hour decrease of 8.09%, now at $0.0034. Recent developments in the US-Iran situation are as follows: Iran: The Bushehr nuclear power plant has been attacked three times in ten days. The Iranian president stated that while they will not strike first, they will retaliate, criticizing the US for its contradictory words and actions that have increased distrust. The Iranian Revolutionary Guard stated that if the US and Israel continue to attack Iran’s industrial system, the scale of Iran’s subsequent retaliation will be ‘beyond imagination.’ Iranian nuclear scientist Mohsen Fakhrizadeh and his wife were killed in an attack a few days ago. The US: US Marines have arrived in the Central Command area of responsibility. A US military base in Saudi Arabia was attacked, resulting in injuries to 12 US soldiers and damage to a refueling aircraft. The US Central Command reported the results of ‘Epic Fury’ over the past month: over 11,000 targets struck, and more than 150 Iranian naval vessels destroyed. US officials stated that the Pentagon is preparing for ground operations in Iran that could last for weeks. Strait of Hormuz: Malaysia reported that Iran has allowed Malaysian oil tankers to pass through the Strait of Hormuz. Thailand has reached an agreement with Iran regarding its oil tankers’ passage through the Strait of Hormuz. Pakistan stated that Iran has agreed to allow 20 more Pakistani vessels to pass through the Strait of Hormuz. Additionally, two more liquefied petroleum gas tankers bound for India have left the Persian Gulf through the Strait of Hormuz. According to monitoring by PolyBeats, the probability of the Strait of Hormuz reopening by the end of April has decreased to 24% on the prediction market Polymarket as geopolitical tensions continue.