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Bitcoin Falls to $60K as Israel-Iran Tensions Escalate

  • Bitcoin briefly dropped to $60,300 but rebounded to $61,500 before settling at $60,230.
  • Geopolitical tensions between Israel and Iran led to the steepest drop in Bitcoin's price in over a month.
  • Market uncertainty prevails as there is a 43% chance of Israel striking back at Iran by the week's end.
  • Bitcoin has historically shown resilience and recovery during geopolitical events and is expected to recover faster than other major assets.

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