🚨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%
BNB
-4.26%
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.
