Trump "Successful Attack on 3 Iranian Nuclear Facilities"
Iran Threatens to Block Hormuz Strait in Response to US Attack
BTC Touches $98,000 and Recovers to $100,000
Altcoins, 'Risky Assets', Continue Weak Decline During Trading
The cryptocurrency market, including Bitcoin (BTC), declined on the 23rd due to escalating war fears in the Middle East region.
The United States announced its virtual entry into war by attacking Iran. Donald Trump, the US President, posted on his social media 'Truth Social' that "We have completed a very successful attack on three Iranian nuclear facilities in Fordow, Natanz, and Isfahan."
In response to the US attack, Iran attempted to block the Hormuz Strait, which is the 'global oil transportation route'. The Iranian Parliament resolved to block the Hormuz Strait on the 22nd, and the strait will be blocked upon the signature of Supreme Leader Khamenei.
The asset market declined due to fears that global oil prices could rise to as high as $130, and the cryptocurrency market also weakened.
Bitcoin dropped by about 8% in the morning of the 23rd, touching $98,000 before defending the $100,000 level. 'Risky assets' altcoins also declined weakly.
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