#IsraelIranConflict 🚨🔥BREAKING NEWS 🚨🔥 😱
Bitcoin (BTC) dropped to $102,900, a decline of over 4% in 24 hours, after Israel bombed targets in Tehran, the capital of Iran. The news of the attacks was initially reported by Axios and confirmed by Al-Jazeera.
Israeli President Benjamin Netanyahu stated that the attacks aim to eliminate Iran's nuclear program and ballistic missile capabilities, and that they will continue until the threat is eradicated. These events occur shortly after the International Atomic Energy Agency (IAEA) reported that Iran was not complying with restrictions on enriched uranium for the first time in two decades.
In response to the escalation, traditional markets also reacted:
* Futures for stock indices in the U.S. and Europe fell approximately 1.5%.
* Prices for bonds, gold, and oil rose, with crude oil surging 9%.
* The U.S. dollar strengthened against the euro and the British pound, but lost ground against the yen and the Swiss franc. #MarketPullback #IsraelIranConflict $BTC
