#StockMarketCrash * Dow Jones, S&P 500 and Nasdaq fell amid the geopolitical crisis
* The crypto market should follow the same movement soon
Today, the main indices of Wall Street, Dow Jones, S&P 500 and Nasdaq, fell to their lowest levels in the last eight months, reflecting a strong increase in risk aversion in global markets.
The drop was driven by the escalation of tensions between the U.S. and Iran, which raised crude oil prices (WTI) by about 4.6%, rekindling inflationary concerns.
In the short term, these catalysts should increase volatility in the cryptocurrency market, causing initial sell-offs before some of the capital migrates to assets like Bitcoin.