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Israel Strikes Iran — But Why Is the Crypto Market Down Because of It?

Avatar photo Sonny S. Watts 22 hours ago

The global crypto market slid sharply on Friday after Israel launched a large-scale airstrike on Iran, targeting key military and nuclear sites. The move, part of “Operation Rising Lion,” immediately spooked global investors and sent risky assets tumbling — including cryptocurrencies. Bitcoin fell more than 5% to $102,900 within hours of the first reports out […]

The post Israel Strikes Iran — But Why Is the Crypto Market Down Because of It? appeared first on Coinchapter.

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Sonny S. Watts is a Bitcoin miner and energy researcher, Sonny delves into the sustainability of Bitcoin mining, its energy consumption, and innovations in renewable-powered mining solutions.