Israel Announces Attack on Iran, Cryptocurrencies Slump Across the Board, Bitcoin Drops Below $64,000
Source Tradingkey
TradingKey - According to the Associated Press, an attack occurred near the office of Iran's Supreme Leader. Israeli Defense Minister Katz has declared an immediate nationwide state of emergency.
He stated that Israel launched a preemptive strike against Iran to eliminate threats to Israel. An Israeli security official said the attack on Iran was the result of joint action between Israel and the U.S. As of now, explosions have occurred in three locations in Tehran; the U.S. has yet to respond to the situation.
Cryptocurrencies slumped across the board, with Bitcoin plunging more than 4.2%, at one point falling from $64,000 to below $63,100. Ethereum plummeted over 4.6% to below $1,841, and Solana tumbled 5.6% to below $78.
Disclaimer: For information purposes only. Past performance is not indicative of future results.
Recommended Articles
Bank of America (BofA) expects gold below $4,000 over the next three months. The bank forecasts an average of $4,000 per ounce in the fourth quarter.Gold traded around $4,100 on Wednesday after hotter
BTIG has told investors to use any rebound in semiconductor stocks to cut their exposure. The firm expects a drawn-out decline in the sector that could stretch into 2027.The warning followed an 11.4%
SpaceX’s latest earnings have given Wall Street a reason to revisit AI hardware stocks. Elon Musk’s company is preparing to spend billions more on computing infrastructure, and three US-listed stocks
The US and Israel have drafted plans for Iran strikes after the Nov. 3 midterms, The New York Times reports. Energy sites appear on the reported target list, with Brent crude already near $109 a barre
Nasdaq falls 2.6%, gold drops below $4,100 and oil rises as AI spending fears grow. Explore today's Australian outlook for AUD/USD and the ASX 200.
