This wave of decline occurred after the explosion came from Tehran. Israel Defense Minister Israel Katz said Israel launched a "preemptive strike against Iran" and declared a special state of emergency. He said Israel expects Iran to launc...
This wave of decline occurred after the explosion came from Tehran. Israel Defense Minister Israel Katz said Israel launched a "preemptive strike against Iran" and declared a special state of emergency. He said Israel expects Iran to launch a drone and missile retaliation attack.
Orbit Markets co-founder Caroline Mauron noted: "Cryptocurrencies reacted negatively to Israel's fight against Iran, which is consistent with the performance of other major risky assets. We expect Bitcoin to receive technical support at around $101,000 (about S$129,300), but the short-term trend will be dominated by geopolitical news."
Bitcoin fell 2.6% in the early trading session on Friday (June 13), Singapore time, while Ether, the second largest decline in market value, exceeded 5%.
Israel launched a "preemptive strike" against Iran, exacerbating the standoff between the two sides, and Bitcoin and other cryptocurrencies fell.
