📉 Bitcoin falls as Israel launches airstrikes against Iran
Bitcoin fell more than 4% on Friday night after Israel launched airstrikes against targets in Iran, escalating tensions in the Middle East and triggering a broad sell-off of risk assets.
The world's largest cryptocurrency dropped to $103,556, down from a 24-hour high of $108,500.
Israel confirmed that the strikes were aimed at Iranian military infrastructure near Tehran and Tabriz, in what it described as a "preventive response" to rising threats.
Iran has not yet issued a formal response, but state media reported explosions and disruptions in air traffic in the affected areas.
The move comes days after a high-level meeting between Israeli defense officials and their American counterparts. Washington has not commented on the attack but said it was closely monitoring the situation.
Gold rose 1.7% to $2,414 an ounce, while U.S. futures pointed lower as investors assessed the risk of a broader regional conflict.
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