Iran tensions trigger risk asset selloff, with Solana, Ethereum, and XRP leading declines among major cryptocurrencies.
According to CoinDesk, following US air strikes on Iran, global risk assets came under pressure and the cryptocurrency market declined in tandem. Over the past 24 hours, major large-cap tokens saw widespread declines, with Solana and Tron dropping more than 3%, Ethereum falling around 2%, and XRP declining nearly 2%. Bitcoin recorded a relatively smaller decline of approximately 1%, trading at around $77,500.