Attacks on Iran Trigger $128 Billion Wipeout in Crypto Markets
The crypto markets slid over the weekend after Israel and the United States carried out coordinated military strikes in Iran on Saturday, February 28, rattling global markets and prompting investors to pull back from higher-risk holdings. Bitcoin fell nearly 4% at one point, touching $63,038 before trimming losses to hover around $64,000. Ethereum, which ranks second in market capitalization, slid 4.5% to $1,836. CoinGecko data indicates that the combined value of the global crypto market shrank by approximately $128 billion in the immediate aftermath of the attacks. Reports of blasts in Tehran surfaced shortly after the strikes began. In the…





