US Troop Buildup Targets Iran, Geopolitical Tensions Escalate Again, Crypto Market Maintains Narrow Range Trading

BlockBeats News, March 29th, according to HTX market data, the crypto market remained in a narrow range with Bitcoin currently at $66,500, Ethereum holding at $2,000, SOL at $82, and BNB at $613. The total market capitalization of the crypto market rebounded by 0.5% in the past 24 hours, now standing at $2.375 trillion. The top-performing altcoins in terms of price movement are:

NOM up 64.6% in the last 24 hours, currently at $0.0029;

ONT up 23.1% in the last 24 hours, currently at $0.061;

IDEX up 19.9% in the last 24 hours, currently at $0.0037;

PAITI down 12.44% in the last 24 hours, currently at $0.0873;

DEGO down 8.6% in the last 24 hours, currently at $0.317;

TOWNS down 8.09% in the last 24 hours, currently at $0.0034.

The latest developments in the US-Iran situation are as follows:

Iran:

The Bushehr nuclear power plant in Iran has been attacked three times in the past 10 days.

The Iranian President stated they are not preemptive but will retaliate, criticizing conflicting actions and statements from the US leading to increased Iranian distrust.

The Iranian Revolutionary Guard stated that if the US continues to target Iran's industrial infrastructure, Iran's retaliatory strikes will "exceed their imagination."

Iranian nuclear scientist Mohsen Fakhrizadeh and his wife were killed in an attack a few days ago.

US:

US Marine Corps troops have arrived in the US Central Command's area of responsibility.

A US military base in Saudi Arabia was attacked, resulting in 12 US soldiers injured and a refueling aircraft damaged.

The US Central Command has released the results of "Operation Epic Fury" for a month: targeting over 11,000 objectives, destroying over 150 Iranian naval vessels.

US officials stated that the Pentagon is preparing for weeks-long ground operations in Iran.

Strait of Hormuz:

Malaysia stated that Iran has allowed Malaysian oil tankers to pass through the Strait of Hormuz.

Thailand reached an agreement with Iran for Thai oil tankers to pass through the Strait of Hormuz.

Pakistan mentioned that Iran has agreed to let 20 Pakistani ships pass through the Strait of Hormuz.

Two liquefied petroleum gas tankers bound for India have passed through the Strait of Hormuz, leaving the Persian Gulf.

According to PolyBeats monitoring, on the prediction market Polymarket, as geopolitical tensions continue to escalate, the probability of the Strait of Hormuz reopening for navigation by the end of April has decreased to 24%.