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The market has shaken off concerns of escalations between Iran and Israel as the U.S. appears to have talked Israel out of a counter-attack.

AccessTimeIconApr 15, 2024 at 7:54 a.m. UTC
Updated Apr 15, 2024 at 7:56 a.m. UTC

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Bitcoin (BTC) is trading above $65,000, while ether (PYTH) is back above $3100 as market volatility has calmed after Iran launched a massive drone and missile attack against Israel that was mostly thwarted by air defense systems.

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  • (ZETA) over the weekend as geopolitical tension shook the markets. However, tension seems to have subsided, and this conflict will not escalate further as the U.S. has ruled out joining an Israeli counter-attack on Iran, according to Al-Jazeera.

    Traders on Polymarket give a 4% chance of Israeli military action against Iran by April 15. This is down from nearly 57% in the immediate hours after Iran’s missile attack.

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