Bitcoin experienced a significant drop, reaching as low as $60,660, following the first-ever Iranian attack on Israel, which escalated geopolitical tensions in the Middle East. This event triggered a sharp decline in cryptocurrency markets, with Ethereum also dropping to $2,852. The market saw a substantial $711 million in liquidations over a four-hour period. Despite these initial losses, Bitcoin and other cryptocurrencies began to recover, with Bitcoin's price rebounding above $66,000. The fluctuations in Bitcoin's value were part of a broader impact on risk assets due to the heightened tensions.
Bitcoin price today: recovers above $66k after Iran attack spurs weekend pullback https://t.co/f3a7GqnPMK https://t.co/OTdK4AThya
Bitcoin Rebounds After Weekend Selloff as Iran-Israel Tensions Ease https://t.co/gKFqJ7ogpS
Crypto Advocates Weigh in on #Bitcoin's Sudden Drop Amid Middle East Tensions https://t.co/5RUEDFXJYR
Bitcoin and other cryptocurrencies tumble amid Middle East tensions. https://t.co/xPY86Ee6Hf
Bitcoin recovers some of steep losses after Iran strikes Israel https://t.co/wOiETYl7DY
Bitcoin has recovered from the steepest selloff in more than a year occasioned by the rise in tensions in the Middle East. https://t.co/vNR9V8LPm8 https://t.co/dOhBftJUHV
Bitcoin and other cryptocurrencies tumble amid Middle East tensions https://t.co/3jhBgQ3LlO
Bitcoin was down the most in a year on the Iranian missile drone attack, but has since recovered much of its losses #bitcoin $GBTC $FBTC $IBIT $COIN $MARA $RIOT https://t.co/UTTGuFJnax
Bitcoin and other cryptos rebound, but remain lower after Iran attacks Israel https://t.co/DQo4RvvzJO
Bitcoin recovers from the steep selloff triggered by Iran's military attack on Israel https://t.co/CZbdINRgmh
#Bitcoin fluctuates after Iran attack. Largest token slid 8% on Saturday, the most since March 2023. Has recovered some of the losses. https://t.co/hr4WDiwuwB
BITCOIN DROPS TO $62,000 AMIDST GEOPOLITICAL TENSIONS The prices of Bitcoin, Ethereum and other crypto assets have experienced significant declines following reports of Iranian drone attacks against Israel. Bitcoin plummeted to approximately $62,000 as of 4:50 pm ET, marking a… https://t.co/Vk4q6IT9VF
As Iran attacked Israel for the first time in history, risk assets fell sharply. Ethereum fell to as low as $2,852 in the past 4h, and Bitcoin fell to as low as $60,660. The liquidation amount reached $711 million within 4h. But Iran subsequently announced the end of military… https://t.co/ahNUdz8RCl
Bitcoin steadied after sinking the most in more than a year, part of a wider tumble in cryptocurrency markets as geopolitical tension escalated in the Middle East https://t.co/b93LTjtEMD