The strikes on Iran sent bitcoin prices lower early Saturday.
The largest cryptocurrency dropped as low as roughly $63,255 before paring declines, according to CoinDesk data. It recently traded at around $65,000, down around 1% from yesterday’s 4 p.m. level and roughly 50% from an early-October peak above $126,000.
Other major cryptocurrencies such as ether and solana also dropped, pushing the total market cap of all digital assets down 1.6%, according to CoinMarketCap data.