Main to remember
- Bitcoin fell below $ 100,000 due to the climbing of geopolitical tensions in the Middle East.
- Relations from an imminent Iranian attack on American bases have increased investors’ concerns and contributed downwards.
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Bitcoin briefly slipped below $ 100,000 on Monday in the middle of geopolitical tensions in climbing in the Middle East. An Israeli official confirmed that Iran had launched six missiles to an American military base in Qatar and another towards a base in Iraq.
The strike followed witness reports on the explosions heard from Doha, the capital of Qatar, as Reuters reported.
Iran’s attacks come in response to American military strikes on its nuclear installations, in particular the coordinated air strikes by the United States targeting the main Iranian nuclear sites of Fordow, Natanz and Isfahan. These strikes, announced for the first time by President Donald Trump, aimed to prevent Iran from developing a nuclear weapon.
Bitcoin fell below the six -digit threshold in response to the news, but quickly rebounded while new updates on Iranian military actions hit the sons.
It is a story in development. We will keep you posted.
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