According to COINOTAG, the cryptocurrency market experienced a notable decline on June 17, triggered by former President Trump’s urgent directive for the immediate evacuation of Tehran, Iran’s capital. This geopolitical tension contributed to a market sell-off, with Bitcoin slipping below the $107,000 threshold, reflecting a modest 24-hour gain contraction to 1.13%. Concurrently, Ethereum prices dipped under $2,600, marking a 0.22% decrease over the same period. These movements underscore the sensitivity of digital assets to global political developments, emphasizing the importance of monitoring macroeconomic and geopolitical factors when assessing crypto market dynamics.
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Source: https://en.coinotag.com/breakingnews/bitcoin-falls-below-107000-amid-market-turmoil-following-trumps-tehran-evacuation-call/