Bitcoin fell by nearly 8% following Iran’s missile and drone attack on Israel. Other cryptocurrencies like Ethereum, Solana, and Binance Coin have also plummeted following the issue. Friday and Saturday marked the heaviest liquidations in 6 months with $1.5 billion crypto liquidated. Bitcoin dipped by about 8% following Iran’s unprecedented drone and missile attack on […]
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- Bitcoin fell by nearly 8% following Iran’s missile and drone attack on Israel.
- Other cryptocurrencies like Ethereum, Solana, and Binance Coin have also plummeted following the issue.
- Friday and Saturday marked the heaviest liquidations in 6 months with $1.5 billion crypto liquidated.
Bitcoin dipped by about 8% following Iran’s unprecedented drone and missile attack on Israel. According to a recent Bloomberg report, Bitcoin’s decline marked the biggest retreat since March 2023.
Iran’s move came in retaliation for a deadly attack in Syria that killed top military officers of Iran. With the recent attack, the prolonged regional war has been taken into another dangerous phase. Reportedly, Iran launched 170 drones, 30+ cruise missiles, and 120+ ballistic missiles into Israel.
Consequently, Bitcoin fell below $62K, marking a steep decline of 7.7%. Not only Bitcoin, but other major cryptocurrencies also were impacted by the Iran-Israel war. While Ethereum experienced a fall of 7%, Binance Coin fell by 9%. Meanwhile, Solana marked a significant plummet of 12% in 24 hours and more than 22% in 7 days.
However, following an X post from an account connected to Ir…
The post Crypto Market Plummets After Iran’s Attack on Israel: Bitcoin Dips 8% appeared first on Coin Edition.
