Bitcoin (CRYPTO: BTC) fell sharply to a low of $61,100, down about 4% in the last 24 hours, as news broke of escalating tensions in the Middle East.
What Happened: The Israel Defense Forces (IDF) reported that more than 100 missiles have been fired into Israel from Iran, setting off sirens in key cities, including Tel Aviv and Jerusalem, according to Sky News.
This development has sent shockwaves through global markets, with cryptocurrencies taking a notable hit amid the rising geopolitical uncertainty.
The attack is being described as a significant escalation in the ongoing conflict.
Military correspondent Alistair Bunkall called it “far bigger” than previous missile strikes, signaling a potential shift in the …
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