via Cointelegraph · By Cointelegraph Staff
Bitcoin Drops 7% to Nine-Week Low Amid US-Iran Strikes
BTC/USDT
$19,533,122,710.07
$65,146.00 / $61,938.00
Change: $3,208.00 (5.18%)
-0.0020%
Shorts 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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