Bitcoin Bombed? 💥

What we’ll cover today:

🔥 Why Bitcoin dipped below $103K after US bombed Iran

🖼️ NFT market down 18% but Polygon beat Ethereum

🇪🇺 Coinbase gets MiCA approval and unlocks all of Europe

Bitcoin Bombed? 💥

Trump ordered a major airstrike on Iran's nuclear sites. Crypto panicked. Investors? Running for cover. Iran? Furious. Markets? Bleeding.

🚨 Breaking News:
Bitcoin fell below $103K after US and Israel bombed 3 nuclear facilities in Iran. Altcoins also dropped 7 to 10 percent.

⚡ Wire Simplified:

• BTC, ETH, and altcoins like Aptos nosedived after Trump’s Iran strike

• Total crypto market cap fell 1.65 percent in 24 hours

• Sell-offs triggered $682 million in liquidations across exchanges

• Oil and shipping prices are up, fueling inflation fears

• The Fed may delay rate cuts, which is bad news for risk assets like crypto

✔️ Straight to the Point:
Crypto hates war. Add inflation and no rate cuts equals panic sell. It’s not just geopolitical. It’s financial whiplash too.

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NFTs Are Having a Bad Week 📉

NFT sales took a big hit this week. Polygon surprised everyone by beating Ethereum. Market still reeling. Buyers flat. Sellers active.

🚨 Breaking News:
NFT market dropped 18 percent to $116.9 million. Polygon took second place, overtaking Ethereum in sales. Immutable still number one.

⚡ Wire Simplified:

• Overall NFT sales volume dropped nearly 20 percent

• Polygon saw 25 percent growth while Ethereum sales dropped 32 percent

• Buyers stayed flat, sellers increased by 8 percent

• Wash trading on Immutable is now almost zero

• CryptoPunks still pulling big bucks, some sold for $300K plus

✔️ Straight to the Point:
NFTs are cooling off but Polygon’s win shows the market’s shifting. Ethereum needs to step it up and fast.

Coinbase Conquers Europe 🌍

Coinbase just got the green light to serve all 27 EU nations. MiCA license in hand. Luxembourg is now home base.

🚨 Breaking News:
Coinbase scored the MiCA license in Luxembourg, giving it full EU access. One rulebook, 27 countries, zero drama.

⚡ Wire Simplified:

• Coinbase is now MiCA-approved to operate across the EU

• Moved European hub from Ireland to Luxembourg

• Joins OKX and Bybit as fully compliant platforms

• Already has licenses in 6 plus EU countries, MiCA unifies it

• MiCA rules kicked in late 2024 and forced out non-compliant stablecoins

✔️ Straight to the Point:
Coinbase just locked in serious regulatory power. EU is getting crypto-ready and Coinbase is first in line with the VIP pass.