Bitcoin Nears $63,000 After US and Israel Strike Iran
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Bitcoin nears $63,000 mark amid U.S. and Israeli strikes on Iran

Bitcoin approached the $63,000 mark in Saturday trading after the U.S. and Israel carried out military strikes on Iran, sending the largest cryptocurrency tumbling about 3 percent in a matter of hours and exacerbating an already challenging weekend for risky assets.
Igor Fomin Reading time: 1 minute
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The slump has dropped bitcoin to its lowest level since the Feb. 5 crash, when the token briefly dipped below $60,000.

Israeli Defense Minister Israel Katz declared a state of emergency throughout Israel. And U.S. President Donald Trump announced the start of a large-scale military operation with the participation of the U.S. army.

The attack risks widening regional conflict in one of the most economically sensitive parts of the world, amid a month-long U.S. military buildup and the collapse of talks on Iran’s nuclear program.


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