Bitcoin Price Crashes Below $100K as Iran Votes to Close Strait of Hormuz

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Bitcoin’s price has crashed below $100,000 for the first time since May 25th, charting a decline of around 4% in the past 24 hours alone. The cryptocurrency is down 5.5% throughout the last seven days. Source: TradingView The market downturn has also caused a broader selloff amongst altcoins, most of which are deep in the red, resulting in almost $1 billion worth of liquidated positions, according to CoinGlass. As CryptoPotato reported earlier today, the US joined the war between Israel and Iran...