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Bitcoin Tumbles With Stocks as Trump Signals Harder Iran Strikes
Bitcoin tumbled after US President Donald Trump indicated there would be harder strikes against Iran in the coming weeks, denting optimism about a quick end to the war and sending risk assets lower. Cryptocurrencies fell across the board. Bitcoin dropped as much as 2.9% and was trading around $66,300 as of 11:15 a.m. in London. Smaller tokens took a bigger hit, with Ether down as much as 5.2% and Solana falling by a similar magnitude. Investors pulled back from risk assets following a speech from Trump that damped hopes of an imminent end to the military conflict with Iran. MSCI’s Asia Pacific Index partly reversed ... (full story)
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