Crypto Market Dives as Bitcoin and Ether Fall Amid Global Tensions

The crypto market is experiencing a downturn in July, with Bitcoin and Ether falling by 1.31% and 1.40%, respectively.

This decline diverges from equities, which are seeing significant gains, with South Korea's Kospi surging by more than 15% and the Nasdaq 100 and S&P 500 index futures also in the green.

The conflict in the Middle East and hawkish comments from the Federal Reserve committee have contributed to the decline in crypto prices.