As per the Israel Defense Forces (IDF), the assaults involve unmanned aerial vehicles launched from Iranian territory towards Israel. The verification of these attacks has sparked concerns regarding the possibility of a regional conflict.

IDF stated, “We are observing the airspace threat, which requires several hours to reach Israeli territory.”

Following this development, the price of Bitcoin experienced a decline of over 7%, leading to a test of 3-week lows below $62,000. As of the current moment, the Bitcoin price has decreased by 6.4% within the day.

The recent conflicts come in the wake of escalating tensions between Iran and Israel, notably since the commencement of the Gaza war in October. The exchange of accusations has intensified, with Iran alleging that Israel conducted an assault on its consulate in Damascus on April 1.

Given the circumstances, investors are closely monitoring the situation in this region due to the potential for further escalation and instability.