Bitcoin Tumbles Below $77k Amid Iran-U.S. Conflict
Bitcoin's price plummeted below $77,000 due to heightened geopolitical tensions following renewed U.S.-Iran strikes. However, the digital currency quickly rebounded to around $78,000.
This recovery comes as a relief for investors, but it remains to be seen whether Bitcoin can regain its recent highs near $81,400 amid ongoing uncertainty.
Major cryptocurrencies like Ethereum and XRP also experienced notable losses, with Ethereum falling 3.26% to $2,378.53 and XRP dipping 2.29% due to market jitters.