Bitcoin fell nearly 3% toward $63,000 after U.S. and Israeli strikes on Iran.
The weekend drop highlights Bitcoin’s role as a 24/7 liquidity outlet during geopolitical shocks.
Traders often sell Bitcoin first when traditional markets remain closed.
Bitcoin fell sharply in weekend trading after the United States and Israel launched military strikes on Iran, sending the cryptocurrency close to $63,000. The drop marked a decline of roughly 3% within hours and pushed the asset to its lowest level since early February.
The sudden move followed confirmation of U.S. participation in coordinated strikes alongside Israel. Israeli Defense Minister Israel Katz declared a nationwide state of emergency, raising fears of a broader regional escalation.
Weekend Liquidity Drives Selling Pressure
The Bitcoin market is always open, unlike stocks and bonds, whose markets close over the weekend. This makes it one of the first assets for traders to sell in the case of a rise in geopolitica
We współpracy z: https://thenewscrypto.com/bitcoin-slides-toward-63k-after-iran-strikes/
