Today (October 26), the Crypto market witnessed red as BTC (Bitcoin) was affected by escalating geopolitical tensions in the Middle East.

Specifically, the Israeli army has begun attacking Iranian military barracks in response to the missile attack in early October. Flights in Iran have been diverted and airspace may be closed in the coming days.

BTC briefly dropped to $65,500 following the news, before recovering to around $66,700 at the time of writing — down nearly 2% over the past 24 hours$BTC