Bitcoin plummets below $100,000 after U.S. strikes Iran nuclear sites
The world’s largest cryptocurrency on Sunday dipped below $100,000 for the first time in over a month following U.S. airstrikes on Iran.
Bitcoin dropped 4% over the past 24 hours to about $99,300, according to data from Binance. Ether, the second largest cryptocurrency by market capitalization, had an even starker decline, shedding almost 10%. The total crypto market has tanked about 7% over the past day.
The selloff happened just hours after the U.S. bombed three key nuclear sites in Iran on Saturday.
In mid-June, a United Nations–backed nuclear watchdog said that Iran wasn’t complying with prohibitions against developing a military nuclear program. Israel struck Iran shortly after the watchdog publicized its…
