Bitcoin's price declined by approximately 1% to $80,800, while Ethereum saw a 2% drop. The downturn in major cryptocurrencies coincided with rising oil prices and a stronger U.S. dollar, driven by escalating tensions in the Middle East. Despite the broader market downturn, altcoins such as CRO, CRV, and TON bucked the trend, gaining between 5% and 10%. CRO's rise was bolstered by a proposal for tokenomics reform. Meanwhile, CoinDesk's DeFi and Computing indices experienced significant declines, with JUP, MON, and SEI falling over 5% due to weak liquidity.