Israel airstrikes Iran Bitcoin falls below $103,000

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Israeli airstrikes on Iran triggered market Fluctuation, Bitcoin price fell

Late Thursday night, Israel launched airstrikes against Iran, shaking global financial markets and triggering a wave of selling in risk assets, leading to a fall in Bitcoin prices.

The main impacts of this event on investors' assets include:

  1. Bitcoin fell 5% in the early trading hours on Friday, dropping to $102,900.

  2. Risk aversion sentiment drives the spot gold price up to $3,429.

  3. The prices of oil and stock futures are declining in sync, and the U.S. government is closely monitoring the situation.

Israel's airstrike on Iran, is your crypto wallet suffering even more?

The Israeli airstrikes targeted Iranian military facilities near Tehran and Tabriz, claiming to be a "preemptive" action against the "growing threat." The Israeli Prime Minister stated that Iran's nuclear program poses a "clear and present danger," and this operation will "last for several days until the threat is eliminated."

Iran has not officially responded, but state media reported that explosions occurred in the affected areas, leading to disruptions in air traffic. The U.S. government has not made any clear comments on the airstrike, only stating that it is closely monitoring the situation.

A certain crypto fund manager stated: "The escalation of tensions between Israel and Iran is affecting risk assets and the oil market, but such situations are not uncommon. A similar event occurred in April this year, leading to a sell-off in the crypto market over the weekend, but after the situation eased, the market rebounded quickly. These moments are often buying opportunities."

Israel's airstrike on Iran, is your crypto wallet suffering more losses?

Another analyst believes that Bitcoin is still seen as a risk asset in the short term, but its long-term trend is gradually being influenced by institutional investor allocations. He explained: "This is why Bitcoin will fluctuate with risk assets in the short term, but can outperform gold in the long term."

At the same time, risk aversion has driven spot gold prices to soar to $3,429, while U.S. futures prices have declined due to investor concerns over broader regional conflict risks.

Israel's airstrike on Iran, is your crypto wallet suffering more losses?

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SlowLearnerWangvip
· 5h ago
Ah, here we go again, all in to buy the dip.
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GateUser-aa7df71evip
· 5h ago
Brothers, don't get separated. Take the opportunity to build a position during the fall.
View OriginalReply0
PoolJumpervip
· 5h ago
It's a good time for new suckers to get on board.
View OriginalReply0
GasFeeWhisperervip
· 5h ago
The bull run can't withstand the war.
View OriginalReply0
Degentlemanvip
· 5h ago
Is the market maker ripping us suckers off?
View OriginalReply0
0xSoullessvip
· 5h ago
Suckers have been played for suckers again.
View OriginalReply0
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