(BTC) fell 5%, falling below $60,000 before quickly returning to that level, as Israel retaliated against Iran for a missile strike last week.
March Zheng, managing partner at Bizantine Capital, said the next threshold for bitcoin is $55,000, if the market turmoil continues.
“If there was a panic sell-off in bitcoin due to war-related news, it would still be a good buying opportunity,” added Jun-Young Heo, derivatives trader at Presto, in a Telegram message.
Asia’s major stock indices are also down, with Hong Kong’s Hang Seng Index down 3.5%, Japan’s Nikkei 225 down 6.5% and Taiwan’s TAIEX down 5%. %.
Iran’s Imam Khomeini International Airport canceled flights and Iran grounded commercial flights around the capital Tehran, AP reported.
UPDATE (April 19, 2024, 03:10 UTC/11:09 AM HKST): Adds additional information.
