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Last Minute: Bitcoin Is Experiencing Hard plummet With US Official's Confirmation! - Coin Newsletter
**Bitcoin has fallen sharply as geopolitical tensions between Iran and Israel have risen again.
A U.S. official confirmed to ABC News that Israeli missiles hit an area in Iran. While the US official could not confirm whether the regions of Iraq and Syria were hit, the rekindling of tensions between Iran and Israel after what happened on Saturday last week , again negatively affected the cryptocurrency market.
With the development, Bitcoin quickly lost from the level of 64 thousand dollars ** that it experienced rise during the day yesterday and fell below 61 thousand dollars. Bitcoin has dropped from $63,500 to $60,862, with a depreciation of over 4 in the last 2 hours**. Ethereum, which is of great importance for altcoins**, lost the $3,000 level in the same period, reaching $2,941 with 5% fall**.
On the other hand, the declines do not seem to have negatively affected investors who are cautious in the cryptocurrency market for the time being. According to Coinglass data, the amount of liquidation in the last 1 hour was limited to $47 million.
At the time of writing, Bitcoin is trading at $61,154, while Ethereum is trading at $2,946, according to data from CoinGecko.