Crypto and stocks tumble after Trump declares ceasefire 'over' following Iran strikes

CoinDesk·

Crypto and stocks tumble after Trump declares ceasefire 'over' following Iran strikes

60-second summary

Bitcoin's price tumbles as Trump declares the Iran ceasefire 'over' following airstrikes, with altcoins also sliding in tandem. The cryptocurrency market's value drops in response to escalating global tensions, with Bitcoin's price falling by 2% and altcoins experiencing even sharper losses, as investors seek safer assets amidst rising geopolitical uncertainty and market volatility.

Bitcoin fell, altcoins slid after Trump said the ceasefire with Iran is "over" as U.S. and Iran traded airstrikes.