The Iranian empire is crumbling. Just three months ago, Iran sat astride the Middle East, effectively controlling at least four Arab capitals and multiple well-armed proxy forces. Now, it has lost Syria and Lebanon while Hamas and Hezbollah have been decimated. This Israeli success presents the incoming Trump administration with a historic opportunity to dislodge other parts of the region from Iran’s rapacious grasp.
Bitcoin’s drawdown, alongside cross-pair stability and steady on-chain activity, points to a market clearing excess leverage rather than shifting into a high-beta altcoin run.
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