Degen

Bitcoin took a sharp tumble on Saturday amid a frightening uptick in geopolitical tensions. Following news that Iran's fundamentalist rulers had launched a massive air attack on Israel, the price fell from around $70,000 to $62,000—a more than 10% drop—while some altcoins plunged 15% or more.

The world is spinning
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Geopolitical tensions swiftly affect the crypto market. Bitcoin's sharp decline, triggered by conflict news, highlights its sensitivity to global events. The substantial drop in price, alongside altcoins' steeper decline, underscores market volatility and susceptibility to external factors.