The recent airstrikes on Iran by the US and Israel have sent shockwaves through the global economy, including the cryptocurrency market. The Bitcoin (BTC) price has fluctuated significantly as a result, dropping to $63,000 on Saturday before recovering to $67.385 on Sunday morning.
This movement is not unusual for cryptocurrencies, which are often sensitive to geopolitical events. In fact, historical data shows that BTC has experienced significant losses during periods of high tension, with the worst loss occurring in 2014 when it dropped by 31% in February.