Crypto
Bitcoin Price Slumps as US Strikes Iranian Targets Near Strategic Oil Transit Corridor
Bitcoin's price dropped by 1.2% over the past 24 hours, falling to $77,645.56, following US military strikes on Iranian targets near the Strait of Hormuz.
The attacks, confirmed by President Trump, sent oil prices surging, with Brent crude nearing $95 a barrel and US crude prices climbing toward $90, their highest level since July 24.
As investors shifted toward caution amid fresh geopolitical uncertainty in a critical oil transit corridor, Bitcoin's value tracked the pullback.