The value of cryptocurrencies, with Bitcoin leading the way, took a significant hit due to heightened conflict in the Middle East. In a short period, Bitcoin dropped by almost 8%, and other cryptocurrencies experienced even greater losses. This sudden downturn in the crypto market came on the heels of confirmed reports of Iranian attacks against Israel.
Based on data from CoinMarketCap, Bitcoin (BTC) was currently priced at $62,049 and had a market capitalization exceeding one trillion dollars. However, there was a decrease of 7.51% in the past hour, and the coin’s trend over the previous day also displayed a similar downward trajectory.
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2024-04-13 23:35