Bitcoin Plunges Below $100K Amidst Iran Strikes
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Bitcoin fell below $100,000 for the first time in a month, dropping 4% to around $99,300 following U.S. airstrikes on Iran. Ether also experienced a significant decline of almost 10%, and the overall crypto market plummeted by 7%. This selloff comes after a year of gains for Bitcoin, fueled by investor optimism surrounding President Trump's pro-crypto stance and policies. However, recent geopolitical tensions in the Middle East have contributed to the recent downturn.
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