Bitcoin fell below $67,000, and Ether dropped over 4% as oil surged on renewed geopolitical tensions.
Crypto markets slumped on Thursday as a fresh wave of risk-off sentiment swept across global markets following President Donald Trump’s pledge to continue military strikes against Iran.
Bitcoin (BTC) is trading at around $66,900, down 1.7% over the past 24 hours. ETH slipped 4% to $2,050, and SOL plunged 6% to $79 in the wake of the Drift exploit. Meanwhile, Ripple (XRP) dropped 3.3%.
Total crypto market capitalization decreased by 1.7% to $2.38 trillion, according to Coingecko.
The rout was triggered after Trump said Wednesday evening that the U.S. would continue strikes on Iran, reversing hopes for a diplomatic resolution that…
