Bitcoin (BTC-USD) and related stocks are experiencing a sharp decline in prices following Iran’s attack on Israel on Tuesday. This escalation of tensions in the Middle East has pushed the cryptocurrency market into the red, despite October historically being a positive month for Bitcoin.
Yahoo Finance anchor Madison Mills breaks down the details, offering insights into other factors influencing cryptocurrency prices beyond the Middle Eastern conflict.
For more expert insight and the latest market action, click here to watch this full episode of Morning Brief.
This post was written by Angel Smith