#IsraelIranConflict Cryptocurrency market loses 1 billion USD after Israel's attack on Iran
1 billion USD wiped from the cryptocurrency market within 24 hours following Israel's reported preemptive attack on Iran.
Bitcoin dropped by over 4%, falling from 108,000 USD to 103,500 USD; altcoins such as Pi Network and Solana recorded greater losses.
Market volatility driven by geopolitical concerns, analysts warn of rising oil prices and inflation if the conflict escalates.