Bitcoin Rebounds From Slump Triggered by Iran’s Attack on Israel

Bitcoin recovered from the steepest selloff in more than a year, an early indication of impending volatility across asset markets as investors digest the prospects of a military escalation in the Middle East.

The largest cryptocurrency rose as much as 5.9% and traded around $64,600 as of 11:40 a.m. in London on Sunday. Smaller coins like Polkadot and Uniswap rallied more than 10%, while Ether advanced 5%.