The world’s largest cryptocurrency on Sunday dipped below $100,000 for the first time in over a month following U.S. airstrikes on Iran.
Bitcoin dropped 4% over the past 24 hours to about $99,300, according to data from Binance. Ether, the second largest cryptocurrency by market capitalization, had an even starker decline, shedding almost 10%. The total crypto market has tanked about 7% over the past day.
The selloff happened just hours after the U.S. bombed three key nuclear sites in Iran on Saturday.
