BTC fell 0.30% in 1 hour: Rising geopolitical risks and shallow order books amplify short-term selling pressure
From 0:00 to 1:00 UTC on October 24, 2026, BTC plunged 0.30%, retreating to the 80,947.8–81,212.1 USDT range, with a 0.33% amplitude, as market risk appetite fell sharply. The main driver of this move was the escalation of the Middle East conflict. Attacks on shipping in the Strait of Hormuz hit a period high, with Iran claiming that seven tankers were damaged or caught fire, sharply raising risks to energy transportation. Meanwhile, concerns that the US-Iran conflict could escalate further drov
GateNews·10-24 01:07
