$BTC Tensions in the Middle East caused a sharp decline in the cryptocurrency market, with losses of more than 230 billion dollars in 24 hours. The prices of Bitcoin and Ethereum fell as investors sought safer assets.

The market drop forced traders to sell cryptocurrencies worth more than 1.15 billion dollars. This affected more than 247,000 people, mostly those who expected prices to rise.

BTC and other digital currencies are now in conventional investments, such as retirement accounts and stock indices (for example, the S&P 500). More people may have indirect exposure to cryptocurrencies.