Iran-Israel escalation undermines Bitcoin's rise

Iran-Israel escalation undermines Bitcoin's rise

Bitcoin price at $105,400, Ethereum at $2,552

By Gokhan Ergocun

ISTANBUL (AA) - Bitcoin's price, which has been approaching record levels in recent days, fell during the Iran-Israel conflict.

The largest cryptocurrency, which saw $110,000 over the past 10 days, lost 0.8% of its value in the last 24 hours.

Bitcoin's current price stands at $105,400 as of 2045GMT.

Its trading volume increased by 36% in the last 24 hours, reaching $71.6 billion.

Meanwhile, Ethereum lost around 4% to $2,552, CoinMarketCap data showed.

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