According to Bloomberg, Iran launched about 200 ballistic missiles towards Israel on Tuesday, causing digital assets to suffer their biggest drop in nearly a month.
According to Bloomberg data, BTC fell about 4% in the first two days of October, in contrast to the average 20% increase in October over the past decade. Some traders had expected BTC to break through the record high of $73,798 set in March.
As the market focuses on the possibility of intensified conflicts, digital assets have recently moved more in line with stocks, indicating that macroeconomic factors such as the Federal Reserve’s monetary policy have a greater impact on BTC.
