Crypto Market Crash: Bitcoin and Altcoins Drop After Israel's Attack on Iran

Following Israel’s attack on Iran earlier Saturday morning, Bitcoin and the broader crypto market crashed. While the BTC price dropped to its support of $65,500 altcoins saw an even greater pullback with Ethereum, BNB, SOL, and XRP falling by 3-6% each. Risk-ON assets like crypto quickly react to geopolitical uncertainties. However, the last time such an incident took place, Bitcoin and altcoins quickly rebounded in a short time.