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International Business Times

Business

Marvie Basilan

Bitcoin Sheds Over $3K Amid Escalating Tensions In The Middle East

Bitcoin Israel the Middle East Iran Crypto Donald Trump Missile Cryptocurrency

Bitcoin plunged Tuesday night after news of Iranian missiles rained upon Israel. (Credit: Bybit/flickr.com)

KEY POINTS

$BTC prices were just below $64,000 Tuesday but bled more than $3,000 overnight
Iran is estimated to have fired some 400 missiles toward Israel
Some Trump-themed memecoins and other top coins appeared affected by the news as well

Bitcoin performed well in September and is also expected to post significant gains this month. However, on the first day of October, the world's top digital currency retreated, hit by geopolitical headwinds.

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We Got This Covered

One subscription that gives you access to news from hundreds of sites

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