New Development in the Event that Brought Bitcoin Down: US President Biden Makes a Statement

US President Joe Biden made a statement regarding the Iran-Israel tension, which is considered the main reason for Bitcoin’s current decline.

Bitcoin dropped to $65,000 today due to the tension.

Western media had shared many reports that Iran might launch an attack on Israel today. However, it is also reported that many rockets were launched by Lebanon towards Israel. On the other hand, it was announced that Israeli warplanes were flying over Lebanon.

US President Joe Biden said in a statement minutes ago that his message against Iran, which is threatening military action against Israel, is “don’t do it.” Speaking to reporters, Biden also said: “We are committed to the defense of Israel. We will support Israel. We will help defend Israel, and Iran will not succeed.”

In addition, a number of British and American warplanes have reportedly been redeployed to strengthen their defenses in the Middle East. A number of F-15Es left RAF bases in England today.

*This is not investment advice.

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