US Strike on Iran Sends Oil Prices Soaring and Bitcoin Plummeting

A recent military strike by the US on Iran has led to an increase in oil prices and bond yields, causing Bitcoin's price to drop below $76,500.

The escalation of tensions between the two nations has resulted in a surge in oil prices, with Brent crude rising 2.4% to over $68 per barrel.

This, in turn, has led to higher bond yields, as investors seek safer assets during times of uncertainty.

The price of Bitcoin (BTC) has also been affected, falling below $76,500 as the cryptocurrency market experiences increased volatility.