Crypto Market on High Alert
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The crypto market is bracing for high volatility amid rising geopolitical tensions. Fresh warnings of a possible US military strike on Iran within hours have further escalated the risk-off sentiment across financial markets. The pressure has grown because John Kiriakou, a former CIA operative, predicted that Washington would take action against Iran between Monday and Tuesday. The crypto market shows a high alert status as traders expect the upcoming period to bring sudden price changes and increased market disturbances. Crypto Market Reacts to Rising US–Iran Conflict Fears On-chain analyst Lookonchain recently reported the possibility of a US military action against Iran as early as today or tomorrow. Summarizing reports from CCTV and Sputnik, Lookonchain stated that a former CIA intelligence official, John Kiriakou, alerted that the US has already prepared to launch a military action against Iran. Kiriakou stated, “I have a friend, former CIA officer, who was at the White House this morning talking to his friends, and he says that a decision has been made to attack Iran on Monday or Tuesday.” He further stated that US President Donald Trump gave Iran a 10-day deadline for a diplomatic deal. However, he added that these public ultimatums are more a strategy than reality. Kiriakou noted, “The president yesterday gave the Iranians 10 days to accept our proposals for an end to their ballistic missile programme, an end to their uranium enrichment programme, an end to supporting groups in the Middle East like Hamas and Hezbollah and the Houthis. But he’s done this before…Well, he’ll give you 10 days, he’ll give you two weeks, and then he’ll just attack two days into it. He thinks that that keeps people off balance.” The crypto market has significantly reacted to this warning, with Bitcoin, Ethereum, and XRP experiencing substantial price declines. The…
Filed under: News - @ February 23, 2026 8:28 am