“On June 12, the Bitcoin and Ethereum course fell after the news about Israel’s aircraft in Iran. The intensification of the conflict has led to investors from risky assets. During the day, bitcoin fell by 3.6%, falling below $ 104,000. Source: TradingView. Ethereum lost 9.2% and is trading […]”, – WRITE: Businessua.com.ua
On June 12, the Bitcoin and Ethereum course fell after the news about Israel’s aircraft in Iran. The intensification of the conflict has led to investors from risky assets.
By Bitcoin fell 3.6%, falling below $ 104,000 below. As of writing, its price is $ 103 970.
BTC/USD day graph at Binance. Source: TradingView.
Ethereum lost 9.2% and is traded at $ 2503.
ETH/USD Day graph at Binance. Source: TradingView.
According to the Associated Press, explosions occurred in Tehran, and the unnamed Israeli military representative confirmed that the targets of the attacks were the objects of nuclear and military infrastructure of Iran.
According to CNN, Israel’s Defense Minister Israel Katz has declared a state of emergency in the country and warned of a possible rocket and drone attack.
Against the background of escalation, oil prices increased by more than 7%. American oil WTI rose to $ 71.94 a barrel and Brent – to $ 73.16.
LVRG Research Nick Cancer in the comment The Block explained that cryptor pressure was caused by the reorientation of investors to safe assets.
Presto Research Analytist Ming Jun also pointed to a military conflict as a major factor in the sale of cryptocurrencies. He recalled that for the first time in three months, oil prices exceeded $ 70.
Recall that June 9 Bitcoin exceeded the $ 107,000 mark on the background of the outflow of funds from spot ETF and riots in the US.
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