Over the weekend, US airstrikes targeted Iran's nuclear facilities, rattling risk assets. Bitcoin, commonly dubbed “digital gold,” dropped sharply, reflecting investor caution amid rising geopolitical tensions.
1. Bitcoin Drops ~4%
Bitcoin declined roughly 4%, from around $103,000 to near $99,000 following the news of US strikes in Iran (source [1]).
2. Safe-Haven Assets Rally
Gold prices edged higher as the US dollar strengthened by about 0.12%, showing demand for traditional safe havens (source [2]). Meanwhile, oil prices also surged amid supply concerns (source [3]).
3. Crypto Moves with Risk Assets
Reuters noted that cryptocurrencies including BTC have tracked alongside equities and commodities during the crisis—highlighting their risk asset behavior (source [3]).
Sources
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