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Topic: risk-off

A physical coin representing bitcoin
Crypto
Friday, 7/17, 04:30 AM

Bitcoin Slips Below $64,000 as a US Strike on Iran Sparks a Risk-Off Mood

  • Bitcoin fell to about $63,600, down roughly 1.8%, after a fresh US airstrike on Iran and new US-China friction pushed investors out of riskier assets worldwide.
  • Stocks fell harder, with Japan's Nikkei down nearly 3%, and other cryptocurrencies dropped more than bitcoin, a reminder that in a scare, bitcoin trades like a risk asset, not a safe haven.

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