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Fortune
Fortune
Ben Weiss

Bitcoin plummets below $100,000 after U.S. strikes Iran nuclear sites

(Credit: Carlos Barria—Pool/Getty Images)

The world’s largest cryptocurrency on Sunday dipped below $100,000 for the first time in over a month following U.S. airstrikes on Iran.

Bitcoin dropped 4% over the past 24 hours to about $99,300, according to data from Binance. Ether, the second largest cryptocurrency by market capitalization, had an even starker decline, shedding almost 10%. The total crypto market has tanked about 7% over the past day.

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