Bitcoin and the wider cryptocurrency market experienced a decline after Israel's attack on Iran. The BTC price dipped to its support level of $65,500, while altcoins like Ethereum, BNB, SOL, and XRP saw even greater losses of 3-6%. Crypto assets tend to react swiftly to geopolitical uncertainties. However, history shows that after similar events, both Bitcoin and altcoins have rebounded quickly.
- Content Editor ( coingape.com )
- 2024-10-26
Crypto Market Crash: Bitcoin and Altcoins Drop After Israel's Attack on Iran