🔸Bitcoin Drops to $102,900 After Israeli Attacks in Tehran
Bitcoin (BTC) has fallen to $102,900, a decrease of more than 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 has 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 come 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:
* U.S. and European stock index futures fell by approximately 1.5%.
* Prices of bonds, gold, and oil rose, with crude soaring by 9%.
* The U.S. dollar strengthened against the euro and the British pound but lost ground against the yen and the Swiss franc. $BTC