Iran's claim brought a decline in Bitcoin: A rise in gold and oil

With the geopolitical tension in the Middle East, Bitcoin brought a huge decline in US stocks. The largest cryptocurrency fell to $62,500. Gold, on the other hand, rose more than 1% in minutes and rose above 2660 dollars again.

The special news made by Washington-based news platform Axios created an earthquake effect in the markets. According to the news of Barak Ravid from Axios, a US White House official stated that Iran could attack Israel with a ballistic missile.

“The result will be very serious”

What the White House official wrote to journalist Ravid is as follows:

“As the USA, we have an impression that Iran will launch an attack against Israel with a missile in a short time. The consequences of this attack, which will be carried out directly by Iran, will be very serious. We are currently actively supporting Israel's defense.”

After this news, Bitcoin price went down to $62,500. Gold rose in minutes and reached $2660. There was also an increase in oil prices. Nasdaq and S&P 500 fell again. The CBOE volatility index also reached its peak in the last 3 weeks.

Israel, which killed Hezbollah leader Nasrallah over the weekend, continued to bomb Lebanon and the capital Beirut from the air, while launching ground operations to certain regions as of this morning.

Missile, which are the subject of the news, are generally known for their long-range and devastating effects.