The leading cryptocurrency, Bitcoin (BTC), fell back to around $68,000 this week from the $76,000 it reached last week, marking the fifth week of the US-Iran conflict.
This escalation was triggered by statements from US President Donald Trump. Trump gave Iran 48 hours to reopen the Strait of Hormuz, threatening attacks on its energy facilities if it did not comply. In response, Iran warned that if attacked, it would completely close the vital Strait of Hormuz and target its energy facilities.
This situation increased geopolitical tensions, causing Bitcoin to fall.
en.bitcoinsistemi.com