Ether Plunges 7% as Traders Flee to Dollar and Gold After Israel Strikes Iran

Ether, the cryptocurrency linked to Ethereum, took a sharp 7% nosedive as investors scrambled for safer assets like the US dollar and gold. The sell-off came after Israel launched strikes on Iran, spooking markets and triggering a classic flight to stability. Crypto traders, known for their risk appetite, suddenly got cold feet—showing how even digital assets aren't immune to geopolitical shocks.