Share
Link
copied
Bitcoin
fell
to
$63,062
before
recovering
to
$66,201
following
reports
of
large
explosions
in
Tehran
as
the
United
States
and
Israel
launched
strikes
across
Iran.
Summary
Bitcoin
dropped
to
$63K
on
Iran
strike
news
before
rebounding
above
$66K.
Crypto
market
lost
$128B
in
panic
selling
as
missiles
hit
Middle
East.
UAE
intercepted
missiles
safely
as
BTC
and
ETH
recovered
from
lows.
Ethereum
(ETH)
dropped
to
$1,837
before
rebounding
to
$1,940.
As
per
the
data
at
the
time
of
the
attack,
the
crypto
market
erased
approximately
$128
billion
in
value
in
the
immediate
aftermath.
Iran
launched
retaliatory
missiles
at
multiple
locations
including
Israel,
Qatar,
the
United
Arab
Emirates,
and
Bahrain.
They
also
threatened
further
strikes
against
U.S.-linked
bases
in
Iraq.
The
UAE
Ministry
of
Defence
successfully
intercepted
Iranian
missiles
without
damage
or
injuries,
though
fragments
fell
across
Abu
Dhabi.
You
might
also
like:Today’s
crypto
alert:
Bitcoin,
Ethereum,
Dogecoin,
and
new
utility
protocols
Bitcoin
and
Ethereum
recover
from
intraday
lows
Bitcoin
(BTC)
traded
in
a
24-hour
range
of
$63,062
to
$66,108
before
settling
at
$66,201.
The
asset
gained
1.12%
over
one
hour
and
1.28%
over
24
hours.
The
intraday
low
of
$63,062
is
a
4.6%
drop
from
the
24-hour
high.
Ethereum’s
24-hour
range
spanned
$1,837
to
$1,946,
with
the
current
price
at
$1,940.
The
asset
posted
gains
of
1.42%
over
one
hour.
Both
assets
demonstrated
quick
recovery
from
initial
panic
selling
as
markets
assessed
the
scope
of
the
military
action.
Bitcoin
reclaimed
the
$66,000
level
while
Ethereum
held
above
$1,900
after
testing
support
below
$1,850.
You
might
also
like:Korea’s
tokenization
shift
is
about
capital
markets,
not
crypto
|
Opinion
Regional
missile
exchanges
cause
risk-off
sentiment
The
strikes
began
Saturday
with
explosions
reported
in
Tehran.
U.S.
President
Donald
Trump
urged
Iranians
to
overthrow
the
government
once
the
military
campaign
concludes.
Hours
after
the
initial
strikes,
Iran
launched
missiles
targeting
Israel,
Qatar,
UAE,
and
Bahrain.
The
UAE
Ministry
of
Defence
intercepted
the
new
wave
of
Iranian
missiles
launched
toward
the
country.
Fragments
of
intercepted
missiles
fell
across
several
parts
of
Abu
Dhabi
including
Saadiyat
Island,
Khalifa
City,
Bani
Yas,
Mohammed
bin
Zayed
City,
and
Al
Falah.
No
injuries
were
reported.
The
ministry
affirmed
readiness
to
deal
with
any
threats
and
stated
it
is
taking
all
necessary
measures
to
counter
anything
aiming
to
undermine
the
country’s
security
and
stability.