Bitcoin ETFs and major cryptocurrencies were hit hard by Iranian missile attacks on Israel
Middle East tensions escalate, US stocks and cryptocurrencies fell collectively.On October 2, Iran launched a missile attack on Israel on Tuesday, which further escalated tensions in the Middle East, triggering cautious sentiment in global markets, and US stocks and crypto markets fell. The three major US stock indexes closed down collectively, with the Dow Jones Industrial Average down 0.41%, the S&P 500 down 0.93%, and the Nasdaq down 1.53%. Technology stocks became the worst performing sector; the crypto market fell sharply, and the escalation of tensions in the Middle East led to a rapid rise in market panic, risk assets were sold off, and market volatility increased. After Iran launched missiles at Israel yesterday, 11 spot Bitcoin exchange-traded funds ($BTC...
