Bitcoin dropped below the $87,000 mark after the UKMTO reported a tanker attack in the Strait of Hormuz, attributed to Iran. This geopolitical tension in the Middle East triggered an immediate reaction in the crypto-asset markets. The global oil sector, despite initial concerns about this strategic waterway, remained stable. This episode illustrates the sensitivity of crypto-assets to major geopolitical events.
Source: Read the original article
Disclaimer: this content is for information purposes only and is not financial advice. Cryptocurrencies are highly volatile: you may lose all of your capital. Always do your own research. Legal notice
