Bitcoin Plummets Following Israel-Iran Conflict; Gold Soars as Safe-Haven Asset

Recent geopolitical tensions between Israel and Iran have significantly impacted the cryptocurrency market. Bitcoin experienced a notable 5% drop, reflecting its historical volatility amidst geopolitical events, while gold surged in price as investors sought a safe haven asset. This illustrates the inherent market volatility during such conflicts, with investors seeking stable assets like gold to hedge against potential risks.