Bitcoin crashes following deployment of U.S. nuclear submarines.
A exchange of statements between Donald Trump and former Russian president, Dmitry Medvedev, worries financial markets.
Bitcoin returns to prices not seen since July 10.
Global tension over a possible military escalation concerns investors.
The President of the United States, Donald Trump, ordered the deployment of two nuclear submarines in response to what can be interpreted as a threat from former Russian president and current Vice Chairman of the Security Council of Russia, Dmitry Medvedev.
In light of a potential military escalation, markets panic, and bitcoin is no exception. At the time of this publication, the digital currency is trading at 114,058, representing a 3% drop in the last 24 hours.