U.S.Iran strikes rattle global markets, send bitcoin to 6week low

Image for article U.S.Iran strikes rattle global markets, send bitcoin to 6week low
News Source : CoinDesk

News Summary

  • Bitcoin BTC $ 73,357.96 fell below $73,000 to the lowest level since April 13 on Thursday.
  • The selloff followed u.s. strikes in southern Iran.
  • Iran's Revolutionary Guards said they retaliated by targeting the American base used to launch the attacks, warning future responses would be "more decisive" The escalation dimmed expectations that Washington and Tehran are close to an agreement that could stabilize the Strait of Hormuz, a key globalOil shipping route.
  • Brent crude jumped nearly 4% to around $96 per barrel, fueling concerns that higher energy prices could add to inflation pressures worldwide.
Bitcoin BTC $73,233.91 fell below $73,000 to the lowest level since April 13 on Thursday as renewed fighting between the U.S.

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