Bitcoin and Ethereum Plunge 4% as Rising Iran-Israel Tensions Spook Market

October, notoriously often called “Uptober” amongst crypto fans, has kicked off on a bitter notice.

October, typically dubbed “Uptober” by crypto fans, has begun on a sour note.

Bitcoin and Ethereum both plunged over 4% each, with BTC hitting $61,750 and ETH tumbling to $2,495.

The catalyst behind this dip? Rising tensions between Iran and Israel, with the White House anticipating a possible attack. History shows that escalating geopolitical tensions often trigger market selloffs.

A notable whale’s recent actions also raised eyebrows:

ETF flows provided mixed signals:

Market Insights:

As Uptober unfolds, keep a close eye on:

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