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Bitcoin price tumbles as US strikes rattle global markets

Bitcoin price tumbles as US strikes rattle global markets

Bitcoin price has fallen below $77,000 as fresh U.S. military strikes on Iranian targets have pushed oil prices higher and triggered heavy selling across crypto and stock markets.

Summary

  • Bitcoin price dropped to $76,762 after losing the $78,000 and $77,000 levels.
  • Crypto traders suffered about $115 million in long liquidations within one hour.
  • Brent settled at $94.65, while U.S. crude closed above $90 per barrel.
  • U.S. strikes targeted Iranian positions after reported attacks near the Strait of Hormuz.

Bitcoin price falls below $77,000

The U.S. Central Command said American forces began striking Islamic Revolutionary Guard Corps targets in Iran at 12 p.m. ET…

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