At a time when the situation in the Middle East is warming again, the encrypted market is improving. According to official Iranian media, on 21 July the Iranian Islamic Revolutionary Guard Corps (IRGC) hit a target in Bahrain that was described as the core data infrastructure of the Amazon, but the losses had not been confirmed by the official Amazon and Bahrain to date.

Iran's hit Bahrain's target.

The Iranian National News Agency, IRNA, reported that the operation was in response to a previous attack by the United States on the site of the construction of the Iranian nuclear power plant in Dar Howing. The Iranian side has also named a number of United States technology enterprises, including Microsoft, Intel, Cisco and Google, as being linked to United States military and intelligence activities.

Reports mentioned that Amazon cloud services in Bahrain and the United Arab Emirates had previously been attacked during the conflict. In April, an Amazon cloud facility in Bahrain was damaged in an Iranian attack, and other AWS infrastructure in the region was interrupted.

The United States continues to attack Iranian targets.

At the same time, the United States Central Command continued a new round of strikes against Iran. According to the United States, the operation continued to 10 nights, targeting the Iranian command centre, maritime assets, missile and drone launch sites and air defence systems. According to the United States military, this was intended to reduce Iran ' s ability to attack merchant ships in the Strait of Hormuz.

Associated Press reports that Pakistan is trying to restart ceasefire negotiations. But while diplomatic efforts are advancing, Iran has launched attacks against targets in Bahrain, Kuwait and Jordan, and commercial traffic in the Strait of Hormuz continues to be disrupted.

Bitcoin synchronized with XRP rebound

Bitcoin and XRP are double up in the context of geo-risk warming. At one time, bitcoin rose from $65149 to $66956, the latest being approximately $66681, while XRP rose from $1,111 to $1,158, the latest being $1,152.

  • Bitcoin grew by about 2.2 per cent in days.
  • XRP Increase of about 3.6% in the daytime
  • Both assets are near the short-line key price.

In terms of movement, bitcoin is now approaching a line of $6,7257, which the market sees as short-line resistance. If this position continues, the price range may move further up; if it is not broken, the situation may return to previous fluctuations within the rebound zone.

The XRP has broken up the ups and downs of the recent harvest, and the market concern is whether the US$ 1.30 near will be the next major drag. If the price falls again below $1.10, the current rebound may slow down.

Overall, this round has almost coincided with geo-information. Since Iran ' s attack on the Amazon facility has not yet been independently confirmed, military action has continued in the Republic of Iraq and short-line market volatility is likely to remain at a high level.