Bitcoin drops $2,000 as middle east tensions escalate, wiping out $80 billion in crypto market cap

17-6-2025 – Global financial markets, particularly cryptocurrencies, have taken a hit as geopolitical tensions in the Middle East intensify. Bitcoin, the bellwether of digital currencies, saw its value plummet by 2%, shedding over $2,000 in mere hours, dropping from a high of $108,780 to $106,421 before a slight rebound. Ethereum, the second-largest cryptocurrency, suffered an [. source: https://www.cointrackdaily.com/bitcoin-drops-2000-as-middle-east-tensions-escalate-wiping-out-80-billion-in-crypto-market-cap/