Bitcoin Drops Below $69,000 as War Fears Weigh on Crypto Markets
Higher energy prices may also be weighing on the industry given that it makes mining the token more expensive.
Photographer: Andrey Rudakov/BloombergBitcoin and other cryptocurrencies declined anew as the US, Israel and Iran traded fresh threats and attacks.
The largest coin fell as much as 3.3% on Sunday to trade around $68,150, the lowest level since early March. The selloff was fiercer among other tokens, with Ether losing nearly 5% at one point to sink to $2,050 and Solana, XRP and Cardano also dropping.