Bitcoin Plunges as US and Israel Launch Military Strike on Iran

TL;DR:

Israel and the United States carried out a joint strike on Iran early Saturday, marking a major escalation in regional tensions. Bitcoin reached extremely to the news, dropping straight to $63,000 and extending daily losses to nearly 7%.

Key Points:

Background:

Cryptocurrency markets continue to evolve with new developments affecting the broader digital asset ecosystem.

Why It Matters:

This development could influence BTC price action and market sentiment in the near term.