🚨Bitcoin, crypto down🩸🩸

👉as Israel-Iran conflict escalates Crypto markets slumped on Oct. 1 amid geopolitical conflict between Israel and Iran in the Middle East.

The top 10 cryptocurrencies by market cap, including Bitcoin Bitcoin

BTC

-3.35%

Bitcoin, fell as Iran launched hundreds of missiles towards Israel, shaking the already fragile market confidence. The attack prompted a sell-off in the crypto market cap by over 4%. Bitcoin dropped 3.9%, slipping below $61,200 after climbing to $65,000 last week.

Ethereum Ethereum

ETH

-5.52%

Ethereum, BNB

BNB

-4.26%

BNB, and Solana Solana

SOL

-5.42%

Solana were down between 6-7%. Stablecoins like Tether Tether

USDT

0.11%

Tether and Circle USD Coin USDC

USDC

0.08%

USDC slightly depegged, but maintain the $0.99 level.

News of missile attacks during the ongoing Middle East unrest also rattled the crypto-mining sector. At one point, shares of Bitcoin miner Marathon Digital dropped by approximately 9%, and fellow BTC mining firm CleanSpark also saw a 6% decrease in stock prices, according to Yahoo Finance.