via Cointelegraph · By Cointelegraph Staff
Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes
BTC/USDT
$4,463,897,953.25
$64,582.00 / $63,810.00
Change: $772.00 (1.21%)
+0.0000%
Longs pay
Bitcoin prices have dropped 7% on the day, breaking key support to a nine-week low after the US and Iran launched fresh strikes as talks over a possible ceasefire have stalled.
Bitcoin (BTC) fell to $65,385 on Coinbase in early trading on Wednesday, its lowest level since late March, according to TradingView.
The slump follows the largest daily fall since Feb. 5 as BTC shed more than $4,500…
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