Bitcoin decreased to less than 100 thousand dollars, as Iran votes to close the Strait of Hormuz

The price of Bitcoin has decreased to less than $ 100,000 for the first time since May 25, leading to a decrease of about 4 % in the past 24 hours alone. The cryptocurrency has decreased by 5.5 % for the past seven days.

The market shrinkage also caused a wider sale of Altcoins, most of which are deep in red, which led to nearly $ 1 billion of farewell situations, according to Coinglass.

like Cryptopotato It was reported earlier today, the United States joined the war between Israel and Iran, and hit three strategic nuclear sites.

In response, some media reports indicate that the Iranian parliament has voice In support of the closure of the Strait of Hormuz – one of the most critical oil criticism points in the world.

This has led to an immediate increase in oil prices, which increased by approximately 1 % a day, raising international fears of inflation and economic turmoil. It seems that traders are mocking and it is interesting to see how deep this correction is.