Israel-Hamas Conflict Impacts Bitcoin, Oil, and Stock Markets

1 min read
Source: CoinDesk
Israel-Hamas Conflict Impacts Bitcoin, Oil, and Stock Markets
Photo: CoinDesk
TL;DR Summary

Bitcoin slipped to just over $27,000 as worsening scenarios in the Hamas-Israel conflict dampened investor confidence in riskier assets. Crypto markets slumped over 1.6% in the past 24 hours, with Ether falling 2.2% and XRP leading a decline in alternative currencies with a 3% drop. Profit taking suggests investors are not keeping their money held up in risky bets just yet.

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