๐ After the attack by Israel on Iran, Bitcoin fell more than 2% and gold rose, casting doubt on the narrative of "digital gold."
๐ Immediate impact on cryptocurrencies
Bitcoin fell between 2% and 3%, dropping from around USD 105,000 to nearly USD 103,000 in one day.
Altcoins also suffered heavy losses: Ether fell 5โ8%, XRP 5%, and Solana up to 10%.
In contrast, gold rose between 1% and 1.3%, reaffirming its role as a safe-haven asset.
This behavior shows that, in times of risk aversion, investors preferred traditional assets over cryptocurrencies.