Bitcoin

when

Coin

<ul class="wp-block-list news-points">
 <li>Bitcoin dropped 3.38% to $61,083 after Iran launched missile attacks on Israel, escalating Middle East tensions.</li>
 <li>The cryptocurrency market saw $142 million in liquidations, with 95.77% occurring in long positions following the crisis.</li>
 <li>Bitcoin’s RSI at 49.00 and bearish MACD signal indicate growing downward momentum amid geopolitical instability.</li>
</ul>
Bitcoin’s value sharply declined after reports emerged of Iran launching missile attacks against Israel. <a href="https://coinmarketcap.com/currencies/bitcoin/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin</a> dropped to $61,083 before recovering slightly to $61,396, marking a 24-hour drop of 3.38%. The sudden sell-off mirrors escalating geopolitical tensions that could potentially lead to a broader regional conflict.
Iran launched a missile barrage on Israel, worsening the ongoing hostilities with Hezbollah and Hamas, which have been active for nearly a year. This new attack threatens to further destabilize the Middle East, raising concerns for a potential regional war.
The Iran blitzkrieg comes just five days ahead of the first anniversary of <a href="https://www.britannica.com/event/October-7-attack" target="_blank" rel="noopener noreferrer nofollow">October 7, 2023, attacks</a> when Hamas stormed into Israel, abducted civilians from a music festival, and carried out indiscriminate killings.&nbsp;
Beyond the immediate eco…
The post <a href="https://coinedition.com/bitcoin-price-alert-iran-attacks-israel-massive-crypto-sell-off/" rel="noopener noreferrer nofollow">Bitcoin Price Alert: Iran Attacks Israel, Massive Crypto Sell-Off</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Bitcoin Price Alert: Iran Attacks Israel, Massive Crypto Sell-Off

Coin Edition

Other articles published on Oct 2, 2024

Bitcoin Set to Surpass $100,000 by Year-End Following Consistent Market Gains

Ark Invest's Bitcoiner Cathie Wood Makes Stunning AI Prediction

Deutsche Bank Subsidiary Announces Partnership with This Popular Altcoin!

Ripple Unlocks 1 Billion XRP As Price Uptrend Loses Gas

Flappy Bird Relaunches With Plans of FLAPPY Token on Ton Blockchain

The Triumph of Artemis Coin’s Presale: 600k Raised and 7 Listings Secured

Join our free newsletter for daily crypto updates!