Cryptocurrencies plunge, then rebound after Iran attacks Israel for first time
According to Wu Shuo, as Iran attacked Israel for the first time in history, risk assets fell sharply. Ethereum and Bitcoin fell to US$2,852 and US$60,660 respectively in the past 4 hours, with the liquidation amount reaching US$711 million. However, Iran later announced the end of military operations, and cryptocurrencies and risk assets also began to rebound.
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