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European stocks open sharply lower, with DAX and Stoxx 50 both down over 2%, and Spain's IBEX 35 plunging by 3.15%.
As tensions in the Middle East escalate, risk assets are being sold off. This quick reaction indicates that the market remains highly sensitive to geopolitical developments.
The crypto market usually follows the sentiment of traditional risk assets, and today may once again be a test of hodler resilience.