Bitcoin and the rest of the cryptom market fell on Friday morning after the start of a series of Israel Air strikes against Iran and marks a major escalation in the continuing conflict in the Middle East.
Bitcoin has dropped by 2% in the last 24 hours, so loud Binancefrom $ 107,000 fell to a low of 103,000 US dollars before it bounced slightly. The overall market capitalization of the cryptom market Dotecoin 6%by 6%.
The risk of war between Israel and Iran has caused investors to flee cryptocurrencies, since they are volatile in times of uncertainty and viewed risky assets. The conflict between the two countries has also expressed concerns that Iran by closing the Street of Hormuzwhich connects the Persian Gulf with the Arab Sea and facilitates the shipping of 20% of global oil deliveries, after to the US energy information management.
Nic Puckrin, founder of the Coin Bureau of Crypto Education Platform, said that the price of oil such as crypto will flee to protect the value of your assets. “Oil will see a massive increase and the risk assets will fall from a cliff,” he says.
Israel’s strike against Iran aimed at the country of the country CoreRakete facilities and air defendants and killed the Iranian officials and nuclear scientists from Top -Iranian. Israeli Prime Minister Benjamin Netanyahu said opinion on Friday.
“This operation will take as many days as it takes to eliminate this threat,” he said.
The strikes of Israel came after the international nuclear energy agency, an organization within the United Nations, which focused on nuclear technology, on Thursday that Iran, according to which there were no nuclear non -distribution obligations New York Times.
President Donald Trump supported the strikes on Friday and said in one post In the truth that the attacks become “even more brutal” if Iran does not agree to a deal with its nuclear weapons program. “Iran has to complete a deal before nothing is left,” wrote the president.
The Supreme of Iran, Ayatollah Ali Khamenei, has promised to reciprocate and write in one post To X that the nation should “predict a hard punishment”.
This story was originally on Fortune.com
