Bitcoin Regains $61K in Worst Start to Most Bullish Month as Israel-Iran Tensions Rage On
https://www.coindesk.com/markets/2024/10/02/bitcoin-regains-61k-in-worst-start-to-most-bullish-month-as-israel-iran-tensions-rage-on/?utm_content=editorial&utm_medium=social&utm_source=telegram&utm_term=organic&utm_campaign=news
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tldr; Bitcoin (BTC) rose above $61,500 in Asian morning hours Wednesday after dropping to $60,300 late Tuesday due to escalating tensions in the Middle East. The conflict, involving Iran firing 200 ballistic missiles at Israel, affected BTC’s performance during the first half of Asia trading hours. This development comes as the market hoped for a rally in Bitcoin’s historically bullish month. The CoinDesk 20, a measure of the most liquid digital assets, experienced its worst drop in weeks amid these geopolitical tensions.
*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.
The world needs to be at peace, for the good of humanity and for our dear crypto.
Covid, FTX, Ukraine-Russia, Israel-Iran – Does no one see a pattern here? Every year something happens that brings ze dump
