Crypto Markets Shed $80B Amid Fresh US Strikes on Iran
Cointelegraph
Cryptocurrency markets dropped by $80 billion following reports of renewed US military strikes against targets in Iran.Summary
Cryptocurrency markets experienced an $80 billion decline after the US military conducted strikes on Iranian targets following threats near the Strait of Hormuz. The geopolitical tension, compounded by statements from US President Donald Trump, triggered a sell-off as investors pivoted toward safety. Bitcoin fell to its lowest level since mid-April, while Ether dropped below $2,000, as analysts noted that digital assets continue to act as high-beta risk assets during times of global uncertainty.
(Source：Cointelegraph)