The price of Bitcoin rapidly fell overnight as the United States and Israel began joint "major combat operations" in Iran, bombing numerous military targets in what officials said were attempts to end the country's nuclear and ballistic missile programs, as well as take out key military leaders.
But while Bitcoin plunged from a price of $65,572 to $63,176 in about an hour overnight following word of the strikes, the leading cryptocurrency has mostly recovered that ground in the hours since.
It's currently trading for $65,051, according to data from CoinGecko, still showing an approximately 0.8% loss on the day and 5.2% fall over the last seven days.
