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Bitcoin price falls below $63,000 due to Israel–Lebanon tensions impacting the cryptocurrency market
06-1915:17 Friday
Bitcoin price drops below $63,000 as Israel–Lebanon tensions affect the crypto market
Crypto界网 news, on Thursday Bitcoin price fell below $63,000,
trading close to $62,500, as escalating Israel–Lebanon tensions
affected risk appetite in the crypto market. Israel's military activities
in southern Lebanon increased selling pressure on major tokens like Bitcoin and Ethereum.
Ethereum's price also declined, breaking below $1,700. According to Crypto界网 data, the latest Ethereum price is
USD. Market concerns over Israel expanding its military control zone
are intensifying, which could impact energy supplies and investor confidence.
Traders are watching whether Bitcoin can regain the $63,000 level,
and if it fails to recover this level, it could put pressure on Ethereum and the broader crypto market.