Metals Soar, Bitcoin Swing Amid Iran Leadership Tragedy


The world is focused on the deaths of Iranian President Ibrahim Reisi and Foreign Minister Hussein Emir Abdullahiyan, who died in a helicopter crash yesterday. And the official cause is still unknown. During the night, gold reached a new record high, silver continued its upward trend, and Bitcoin initially declined before rising again.

Following the news, gold and silver prices have continued their recent upward trend. Gold reached an all-time high, surpassing $2,440 per ounce, while silver, which recently exceeded $30 for the first time in 11 years, climbed to over $32 during the night.

In contrast, Bitcoin initially fell upon the news of the accident. Dropped from trading above $67,000 to $66,000. At the time, Bitcoin showed its price movements within 24 hours. Currently, Bitcoin is valued at $67,000, with a slight increase of 0.12% over the day.


BTC/BUSD, Price Chart, Source: CoinMarketCap

The market is closely watching the aftermath of this tragic event in Iran, which continues to impact global financial markets. Reflecting the interconnected nature of geopolitics and economics.

Also read:Fate of Crypto Post Death of Iran Prez in Chopper Crash





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