Bitcoin Falls $4K Amid Market Fear on Middle East Tensions

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Bitcoin prices have tanked following the escalating conflict in the Middle East, but this is nothing new. 

Bitcoin prices dumped almost $4,000 in less than 24 hours following an Iranian missile strike on Israel late on Oct. 1.

The asset was trading at just over $64,000 on Tuesday but it tanked hard to bottom out at a little above $60,000 following the attack.

BTC has since recovered to around $61,700 during Wednesday morning trading in Asia, but it remains down 3% on the day.


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