Bitcoin price has plummeted in the last 24 hours, from $68,000 to a current low of $60,000, following escalating conflict between Iran and Israel

Bitcoin has witnessed a significant decline, falling to the $60,000 mark, amid escalating concerns about conflict in the Middle East after Iran launched a drone against Israel. Before this incident took place, the price of Bitcoin stood at $68,000.

The entire cryptocurrency market was hit hard, down about 10%, and the total market capitalization retreated to $2.38 trillion. With traditional financial markets offline over the weekend, the specific impact of this attack on common asset classes remains unclear.

Besides, many people believe that the decline in Bitcoin’s value is not simply due to the military move in Israel. Other factors including options expiration, historical Bitcoin halvings, macroeconomic fluctuations, and technical analysis chart weaknesses also contribute to this volatility.#bitcoinhalving #BullorBear #cpi #write2earn🌐💹