13 June 2025
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Bitcoin Drops Over 4% to $103,900 Amid Israel-Iran Conflict
Bitcoin is down over 4% in the last 24 hours, trading at $103,900 amid escalating tensions in the Middle East following Israeli airstrikes in Tehran targeting Iran's nuclear program.
- Israeli President Benjamin Netanyahu confirmed ongoing strikes against Iran's nuclear capabilities.
- The International Atomic Energy Agency reported Iran's non-compliance with enriched uranium restrictions for the first time in two decades.
- U.S. stock index futures fell by about 1.5%, while bond prices and gold increased.
- Crude oil prices surged 9% to $74 per barrel.
- The U.S. dollar gained against the euro and British pound but weakened against the yen and Swiss franc.