Bitcoin slides below US$60,000 on reports Israel strikes Iran
Add BT as a preferred source
CRYPTOCURRENCIES fell heavily and bitcoin broke below US$60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran.
Bitcoin slid more than 5.5 per cent to US$59,961 in the Asia session as the US dollar rose broadly. Ether fell by a similar margin, dropping below the US$3,000 barrier to US$2,895.
Israeli missiles hit a site in Iran, ABC News reported, citing a US official, days after Iran launched a drone strike on Israel.
Iran’s Fars news agency said an explosion was heard at the airport in the Iranian city of Isfahan.
Oil, gold and bonds rallied sharply. REUTERS
Decoding Asia newsletter: your guide to navigating Asia in a new global order. Sign up here to get Decoding Asia newsletter. Delivered to your inbox. Free.
Share with us your feedback on BT's products and services
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
MAS convenes bank CEOs over AI cyberthreats; boards told to own risks, not leave to IT teams
Is it time to scrap COE categories for cars?
