Bitcoin and other cryptocurrencies tumble amid Middle East tensions

Bitcoin was down some 8% late on Saturday evening as U.S. officials confirmed the attack was imminent.

By Sunday morning it had rebounded to trade above $64,000. Other coins like ether also saw heavy selling, down by up to 10% in some cases. Bitcoin had been trading at around $70,000 on Saturday evening but plunged to below $62,000, according to data from the Bitstamp exchange. By Sunday morning it had rebounded to trade above $64,000. Other coins like ether also saw heavy selling, down by up to 10% in some cases.marked the first instance of a direct attack on Israel from Iranian territory. Israel said it had identified 300 "threats of various types" and eliminated "99%" of those bound for Israeli soil.

Source: Digital Coin News (digitalcoinnews.net)

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