Bitcoin’s been vibing all chill this weekend fr, nothing too wild in the crypto scene rn 😈 But hold up, some macro chaos just dropped and it might shake things up big time 💀 Yemen’s Houthis hit the King Khalid International Airport in Riyadh with at least 12 people killed and over 300 injured 🖤 Saudi authorities are swearing they’ll strike back while the Houthis stay quiet on it for now.
Fighting Escalates In The Region 👀
Fighting in the region has escalated in the past week or so, as another three people were killed in separate Houthi strikes on two different Saudi airports on October 6 and 7. International authorities, as well as US Secretary of State Marco Rubio, strongly condemned the recent attacks. Rubio even confirmed an American citizen was killed. Meanwhile, US President Donald Trump suggested that his country is likely to join the strikes against the Houthis:
“We may. We’re going to look at it. We just found out about the recent attack, so we’ll make a decision. We move very quickly.”
The consequences for bitcoin and the altcoins are not evident yet. BTC has remained close to 83000, while most alts have remained sideways over the past 24 hours 🚀 However, history has taught us that the real volatility arrives on Monday morning when most financial markets start to open 🌙 Recall the events from last week. The tension in the Middle East skyrocketed over the weekend again, with Iran saying it has prepared for a fresh US bombing campaign after Trump’s top security officials met at Camp David on Friday in a meeting focused on that war.
BTC stood in a well-defined range over the weekend, before the fluctuations began on Monday morning with an unsuccessful breakout attempt and a violent rejection 💸 This kind of drama always feels like the calm before the storm tho ⚰️
Just another echo from the void by iconofsin.eth 💖