The crypto market experienced a significant downturn late last night after reports of Israeli airstrikes on Iran surfaced, sparking risk aversion among investors. Bitcoin, which had recently hit $110,000, fell by 3.22% on international exchanges, trading at $104,345 at the time of writing. Indian exchanges also saw a decline, with Bitcoin dropping approximately 2% to $106,899. The geopolitical tensions between Israel and Iran appear to be the primary catalyst for this market volatility.
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Bitcoin Falls to $104,300, Most Altcoins See Losses Amid Israel-Iran Tensions
The crypto market experienced a significant downturn late last night after reports of Israeli airstrikes on Iran surfaced, sparking risk aversion among investors. Bitcoin, which had recently hit $110,000, fell by 3.22% on international exchanges, trading at $104,345 at the time of writing. Indian exchanges also saw a decline, with Bitcoin dropping approximately 2% to $106,899. The geopolitical tensions between Israel and Iran appear to be the primary catalyst for this market volatility.
Disclaimer
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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