Bitcoin falls 5% to $60,300 as investors return to safe-haven assets
“Bitcoin” falls 5% to $60,300 as investors return to safe-haven assets. amid tensions in the Middle East
On April 19, 2567, Bloomberg News reported that Bitcoin fell more than 5% to $60,300 as of 09.30:XNUMX a.m. Meanwhile, other tokens such as Ether, Solana, and Dogecoin faced harder declines. amid caution in the world market which is caused by tensions in the Middle East
The price move came after reports of unconfirmed explosions in Iran, Iraq and Syria, sending investors looking to traditional safe havens such as bonds, gold and the dollar.
Asian markets are prepared to monitor Israel's response to earlier Iranian drone and missile attacks. and prepare for the shocks that will occur Meanwhile, geopolitical concerns are clouding the Bitcoin halving phenomenon, which will control the token's new supply.
Stefan von Haenisch, Head of Commercial at OSL SG Pte. said “Ongoing violence between Israel and Iran could lead to General Sentiment on Cryptocurrency Risks But this may require significantly reduced movement. To end all bulls during the Bitcoin halving.”
refer : bloomberg.com
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