Posted 4/14/2024, 7:54:21 AM
Bitcoin Recovers After Volatile Selloff Sparked by Iran-Israel Conflict
- Bitcoin recovered from its steepest selloff in over a year following Iran's attack on Israel.
- The attack sparked volatility across markets as investors digest the conflict's implications.
- About $1.5 billion in bullish crypto bets were liquidated over the last 2 days.
- Crypto traders reacted faster than other markets to Iran's retaliation against Israel.
- Bitcoin's status as a haven asset in geopolitical conflicts will be tested by further Middle East escalation.
