Israel strike on Iran nuclear sites causes Bitcoin 5% slide, fails to act as a financial flight to safety

Bitcoin dropped sharply early Friday following Israel’s overnight strikes on Iran, weakening its recent position as a perceived safe-haven asset. The leading digital asset fell over 5 percent, from a local high of $108,000 on Thursday to approximately $103,000, as market participants reacted to escalating conflict in the Middle East. Oil markets surged in response […]