Bitcoin and Ethereum Plunge 4% as Rising Iran-Israel Tensions Spook Market
- Linda HamiltonOriginal
- 2024-10-03 22:16:16248browse
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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