Bittime - Iran was the target of an Israeli missile attack on Friday 19 April 2024. The attack was a response to the drone and missile attack launched on Israel at the weekend.
Of course, the entire financial sector, including the crypto market, has been impacted by the Israeli and Iranian conflict. This article will discuss updates on the condition of crypto prices after Israel responded to Iran's attack, did they drop drastically?
Crypto Market Freefalls Due to Middle East Crisis
Quoted from breakingthenews, the price of the main crypto asset experienced a sharp correction on Friday, dropping more than 4% amid the heated situation in the Middle East.
Geopolitical uncertainty in the region appears to be hitting investor sentiment towards risk assets like crypto.
Check Today's Crypto Market
Investor Psychology Triggers Price Drops
The decline was triggered by rising tensions in the Middle East. Iranian media reported Israeli attacks on their country.
Accompanied by explosions heard in Syria and Iraq. This sparked concern and encouraged investors to switch to safer assets.
How to Buy Crypto
Bitcoin & Ethereum Update After Israel's Attack on Iran
Bitcoin, the leading crypto asset, plunged 4.27% on Friday (April 19, 2024), trading at $60,769.
Ethereum ($ETH), the second-largest crypto asset, also experienced a significant decline, falling 4.57% to hit $2,923.
Bitcoin falls below $60,000 following Israel's attack on Iran
The price of Bitcoin ($BTC) is known to have fallen below $60,000, hitting a low of around $59,600 on Binance.
On the other hand, Bitcoin's value is above $61,500, but is still showing a downward trend in the last 24 hours, according to data from CoinGecko.
Check Crypto Prices Today:
Crypto Crisis Post Middle East Conflict
This drop marks a significant correction for the crypto market, which just hit a record high a few weeks ago.
The crisis in the Middle East adds to uncertainty and encourages investors to take a more conservative stance.
How to Buy Bitcoin (BTC) on Bittime
You can buy and sell Bitcoin (BTC) in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
Bitcoin (BTC) is available on Bittime with the market pair BTC/IDR . To be able to buy BTC IDR at Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn the complete guide on how to buy Bitcoin (BTC) on Bittime .
Monitor price chart movements of Bitcoin (BTC ) , Ethereum (ETH) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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