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Bitcoin price pares some losses following Iran's attacks at Israel

AuthorSenad Karaahmetovic
Published 04/13/2024, 04:38 PM
Updated 04/14/2024, 05:32 AM
© Reuters

Tensions between Iran and Israel escalated on Saturday night after Iran launched attacks against Israel. Bitcoin price fell more than 7% on the news, before paring some losses. The world's largest digital coin closed the day 4.6% lower.

Israel announced it neutralized 99% of the 300 identified threats aimed at its territory.

Iran's army declared the conclusion of Tehran's operation without further actions.

U.S. President Joe Biden condemned Iran's strike, labeling it "unprecedented" and called for a coordinated diplomatic response with G7 leaders.

The recent hostilities follow heightened tensions between Iran and Israel, particularly since the start of the war in Gaza in October. 

Accusations and counter-accusations have escalated, with Iran accusing Israel of an attack on its consulate in Damascus on April 1.

Investors will be following developments in this region quite closely amid the potential for further escalation and instability in the region.

Bitcoin is now trading below the near-term support around $64,500. The next support lower is located near $60,000.

Latest comments

chances of rising..
Tel Aviv close in green
Zero chance. Back down to 40k within 2 weeks
But it did.
its easy. ask AI how much bitcoin will cost next week
Markets about to tank and oil going up
Israel's military moved into Gaza on Oct 27th, when the bottom of that Oct dip happened.
What M.E. event happened on Oct 27th 2023 and what happened with SPX and oil price?
Hamas attacked Israel on Oct 7th and Israel counterattacked on Oct 27th. Between those times, SPX dipped, then rose after; and oil rose and dipped and dipped more after, Israel attacked Iranian embassy on Apr 1st and Iran counterattacked on Apr 13th. Between those times, SPX dipped, then ? after; and oil flat and ? after,
helo
i want to buy bitcoin. let it drop please 🙏
if you are too stupid to understand science, try religion…
It is a war between A BLIND BELIEF AND THE ATTEMPT TO SURVIVE BY ISRAEL
And how many fools have died in the name of a " God "
@Ron: Stephen Hawking was far from a fool.
It fell because terrorists like crypto.
Your MUM is terrorist 😂
then digital currency robots run in the world chips being inserted in human bodies coins that the government can track you with turn on and off if you don't vote the way they want you to vote I'm telling you the time is at hand when you should read the Bible Jesus knew when he came this day would happen and all you can have right now that will ever help you is the love and faith of Jesus Christ getting us out of this love one another as you love yourself
forgot so loved the world he gave his only son for those that believe on him should have everlasting life
the war to end all wars is stated in Revelation it will be called the Armageddon war and people for the love of money is the root of all evil just think what people do to get it
what good will cryptocurrencies defile wallets I hope you really don't believe that the government will ever let anyone else control the money in any government this was supposed to be a government for the people by the people it is anything but
get your hearts and souls ready this is biblical it will be one world government and one man will rule the entire world this is when the Antichrist will appear and try to take over that being said decide which side you will be on the one going to heaven or the one going to hell the biblical part in another part of the Bible says what do it profit a man to gain the world and lose his soul people we cannot take that with us and money doesn't buy happiness material things will not be needed in heaven or hell in heaven everything you ever won't will be waiting for you and hell everything you tried to get on Earth will be there waiting for you and you get to burn with it all through eternity this has nothing in this round world to do with this little war that's going on one could argue people have been having wars since the beginning of time this is true if you read your Bible you will see the answers playing this day in front of you first you don't no longer see your paychecks
if you are too stupid to understand science, try religion
Tina I do believe ... you took a wrong turn. This isn't the church you're looking for, honey.
copper
There is no correlation between the staged bla bla that happened. BTC is headed lower and lower unless there is a clear and sustained breakout
situation will not gonna be clear
that what I said . What the hell does that have to do with Bitcoin ??
because people in war widrawal there money through risk assets and banks to be safe all the stocks and btc market dump in wars because people don't want to take risks at that time but you have good opportunity to buy some
Stick to your own research and plan. Easier said than being done😊
where was sleeping Joe when isreal attack iran
Stop sleeping youself, jawad, the u.s. Marines helped to protect Israel
Wake up yourself. The U.S. army helped Israel.
if things get ugly the cryptos should go to the moon
Yeah we see where fake money will go
sorry but this article is BS. if shit hits the fan cryptos should go to the moon man..
hi
If the USA helps Israel by anything maybe it changes the markets
let it drop further 15% and time for another DCA entry for BTC100k
lets trade
can you help me
I'm begginer I didn't know where to start
no money
when all else fails they take you to war
China was not able to develop COVID-24 in time for the BIden admin, so they went the WW3 route instead since the election is coming up soon.
IT'S A CONSPIRACY!!!
You should be a Hollywood script writer. But I guess you can only come up with these one liner plots involving Biden, which is kinda boring and repetitive
False flag guys, BTC is already almost back up to break even
Now you know why there are so many trans people like me in recent years, we get to dodge the draft when Biden starts WW3.
Here we go. Iran was always the target... for ditching the US dollar. The rest is fluff!
Now you know why there are so many trannies with Biden in office, claim you are a woman and you can dodge the draft.
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