Bitcoin Recovers to $60K Despite Worst Start to Bullish Month Amid Israel-Iran Tensions

Oct 4, 2024 - 00:31
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 Bitcoin (BTC) saw its worst start to its historically bullish month, dropping as low as $60,300 on Tuesday amid escalating tensions between Israel and Iran. Iran launched over 200 ballistic missiles at key Israeli locations, prompting Prime Minister Benjamin Netanyahu to vow retaliation. This sparked a sell-off in risk assets, including Bitcoin, which fell by 6% at its low point analysts at Presto Research remain optimistic about October, noting its historically strong performance for Bitcoin. analysts at Presto Research remain optimistic about October, noting its historically strong performance for Bitcoin

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