Bitcoin Slides Below $63,600 After Reported Israeli Preemptive Strike on Iran
Bitcoin’s price fell sharply to a multi-day low below $63,600 after reports that Israel launched a preemptive strike on Iran and announced a state of emergency. Within minutes, BTC dropped from $66,000 to $63,600 before bouncing to around $64,000, extending losses from a rejection at $68,000 the previous day. The broader crypto market also saw increased volatility, with many altcoins declining by more than 2% over the past hour and total liquidations reaching $450 million in 24 hours.