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Guavy AI Editorial TeamSentiment: -3Clout: 50

Crypto Market Drops as US and Israel Launch Strike on Iran

The cryptocurrency market has experienced a significant drop in value following the announcement of a US and Israel strike on Iran.

BTC and ETH were among the hardest hit, losing nearly 3% and 5% of their value respectively over the past day.

This is not the first time that tensions between the US and Iran have affected the crypto market. In June last year, a conflict between Israel and Iran led to a sharp decline in Bitcoin's price, which then recovered after Trump announced a pause in attacks.