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Why Is Crypto Down Today? Israel-Iran Conflict Triggers Market Decline

  • Bitcoin price dropped 3.16% to $61,715 amid Israel-Iran conflict escalation
  • Altcoins fell 5-10% as investors moved to safer assets like bonds, gold, and USD
  • October, historically Bitcoin’s best month, started with a 4% decline in two days
  • Bitcoin ETF outflows surged to $242 million, breaking an eight-day inflow streak

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