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The attack came after the U.S. warned that tensions in the region were likely to escalate. Rising tensions in the Middle East have led the U.S. to increase its military presence. Missiles from Following the recent turn of events in which Iran fired a volley of about 180 ballistic missiles at Israel, the price of the maiden cryptocurrency, Bitcoin (BTC), retrieved to Bitcoin BTC$96,243.53 came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets. ABC News first In the wake of Iran's missile barrage on Israel, global financial markets, including cryptocurrencies, experienced sharp volatility. Bitcoin, often hailed as a potential safe Bitcoin and the crypto market crashed within minutes after Iran initiated a series of attacks against Israel. Cryptocurrencies were clawing back some territory on Sunday, the day after a selloff following Iran’s missile and drone attack on Israel. Bitcoin BTCUSD, which skidded 7% to just over The cryptocurrency market was also hit by Iran's drone and missile assaults on Israel, with Bitcoin flash falling by US$4,500 in minutes. The Iron Dome successfully intercepted all inbound

Was there a Bitcoin crash 4500 minutes after the Iran Israel missile attacks? The cryptocurrency market experienced significant volatility following Iran's recent missile barrage on Israel, with Bitcoin experiencing a rapid downturn. Reports indicate that Bitcoin, often touted as a potential safe haven asset, saw a sharp flash fall after the attacks. Cryptocurrencies were clawing back some territory on Sunday, the day after a selloff following Iran’s missile and drone attack on Israel.

Bitcoin's Price Volatility Following Iran's Attack on Israel

The attack came after the U.S. warned that tensions in the region were likely to escalate. Rising tensions in the Middle East have led the U.S. to increase its military presence. Missiles from Following the recent turn of events in which Iran fired a volley of about 180 ballistic missiles at Israel, Bitcoin (BTC) briefly dropped. Initial reports suggest Bitcoin came back over $62,000 as the market recovered after reports of limited damage from an Israeli strike on Iranian military targets. ABC News first reported on the immediate market reactions.

The cryptocurrency market was also hit by Iran's drone and missile assaults on Israel, with Bitcoin flash falling by US$4,500 in minutes. Some reports have pinpointed a US$4,500 drop in Bitcoin's price within minutes of the attacks. Bitcoin BTCUSD skidded 7% to just over $60,000 during the initial selloff.

Iron Dome and Bitcoin's Resilience

While the Iron Dome successfully intercepted all inbound missiles, the financial markets, including Bitcoin, reacted swiftly to the perceived escalation of conflict. This highlights the sensitivity of the crypto market to geopolitical events. After the initial shock, Bitcoin has shown signs of recovery, demonstrating its resilience. While it didn't act as a perfect safe haven, it did bounce back reasonably quickly.

Despite the volatility, the event underscores the importance of understanding the factors that influence Bitcoin's price, including geopolitical risks. Keep up-to-date on the latest market news to stay informed.

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