Bitcoin Price Dumps Suddenly as Iran Reportedly Attacked US Warship in Hormuz
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Bitcoin surged above $80,500 but the rally stalled as Iran–US tensions escalated, increasing crypto market volatility and trading risk. Iran's IRGC (reported via Al Jazeera) said two missiles hit a US Navy vessel near Jask in the Strait of Hormuz, a geopolitical security event likely to weigh on crypto prices and adoption.
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Bitcoin’s price surge to over $80,500 came to a screeching halt as the tension between Iran and the US skyrocketed in the past several hours, which included reports about an attack on a US warship.
Citing information from Iran’s state media IRGC, Al Jazeera noted minutes ago that two missiles hit a US Navy vessel near Jask in the Hormuz after it ignored warnings from the Revolutionary Guard to stop.
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