Crypto market crashes, Bitcoin falls below $68,500, DeXe price rises 20% amid decline

The crypto market is facing pressure similar to the commodity market due to rising tensions in the Middle East. Despite the decline in Bitcoin and other cryptocurrencies today, the DeXe price has returned nearly 20% in the past 24 hours.

Crypto market crashes, Bitcoin falls below $68,500, DeXe price rises 20% amid decline

The ongoing war between the US, Israel, and Iran has led to a rise in crude oil prices and a strengthening dollar. This is also reflected in a crash in the crypto market. Despite the decline in the prices of cryptocurrencies like Bitcoin, Ethereum, and Solana today, the DeXe price recorded a 20% increase. Bitcoin Price

The surge in DeXe prices comes as the cryptocurrency's price fell by nearly 20% in the past 24 hours, reaching $7.67. This cryptocurrency has been rekindled due to developments in the field of artificial intelligence, leading to increased investment. This currency is considered one of the most profitable tokens in the AI ​​crypto category.

How much did Bitcoin cost on March 23?

Bitcoin prices fell 0.77% over the past 24 hours to $68,369.03. US-Iran tensions have fueled a shift in risk-averse assets across the global market. Consequently, Bitcoin prices have been declining over the past few days.

Ethereum price drops

Ethereum's price fell 1.84% over the past 24 hours, dropping to $2,052.00. Long-term liquidations are evident in the derivatives market.

Solana price

Solana's price recorded a decline of 1.71% in the last 24 hours, after which the price fell to $86.04.

The crypto market cap fell 0.96% today to $2.35 trillion. The escalating conflict between the US and Iran has disrupted oil transportation, causing its price to skyrocket. This is raising the risk of inflation. If geopolitical tensions ease, the market could see a rebound. Currently, many investors are nervously avoiding risky assets.

Disclaimer: This article is for informational purposes only. Do not consider it as investment advice. Consult your financial advisor before investing anywhere.