Bitcoin and other major cryptocurrencies experienced a significant crash in prices following reports of escalating tensions between Israel and Iran. The bitcoin price plummeted to around $60,000 from over $70,000 earlier this week, triggering a broader market downturn that affected popular digital assets like ethereum, BNB, XRP, solana, and dogecoin. The combined crypto market lost a staggering $500 billion in value amidst fears of a potential war brewing between the two nations. The Israeli military claimed that Iran had launched numerous drones and missiles in a retaliatory attack, leading to the sudden price drop across the digital currency landscape.
Bitcoin Price Plummets as Iran Launches Drone Attack on Israel
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