18.06.2025 03:39

Geopolitical instability in the Middle East sent shockwaves through the cryptocurrency market, causing a significant downturn for NEAR Protocol. The NEAR token experienced an 8% plunge, reflecting the broader market's sensitivity to international tensions.

This sharp decline in NEAR's value followed escalating conflicts in the Middle East, underscoring the interconnectedness of global events and cryptocurrency market performance. Investors, reacting to the heightened uncertainty, rapidly sold off assets, contributing to the substantial drop in NEAR's price.

The price movement was analyzed by CoinDesk Analytics, a tool employing artificial intelligence and human oversight to provide real-time market data reports. These reports, meticulously fact-checked by CoinDesk's editorial team, draw upon information from various internet sources including CoinDesk Data, ensuring accuracy and transparency.

CoinDesk Analytics adheres to stringent AI content guidelines, emphasizing the importance of editorial review and verification for all generated content. The platform's commitment to these guidelines reflects a broader industry-wide push for responsible AI usage in financial reporting and analysis, fostering trust and accountability.