Bitcoin and other cryptocurrencies regained value following a ceasefire between Israel and Iran, bouncing back after steep losses during the 12-day conflict.
Cryptocurrency prices plunged during the recent flare-up between Israel and Iran, reflecting investor caution amid heightened geopolitical tensions. Bitcoin dropped from $107,000 to $102,000 after Israel began its airstrikes on 13 June, while altcoins across the market lost more than 10%.
The downtrend deepened as mutual strikes continued, dampening any short-term market optimism. The sharpest drop came on 22 June, when the U.S. entered the conflict by bombing Iranian nuclear sites - a move that pushed many altcoins down by more than 30%.
At its lowest point, the total value of the global cryptocurrency market fell from $3.4 trillion to $3 trillion - the lowest on record.
However, markets reacted positively after a ceasefire was announced. Bitcoin recovered to more than $106,000, nearly regaining its pre-conflict level. Altcoins also bounced back, many rising more than 20% to return to their earlier valuations.
A water leak at the Louvre last month damaged up to 400 books in its Egyptian antiquities library, deepening concerns over the museum’s ageing infra...
Russia’s Ministry of Defence released a statement outlining new battlefield developments, claiming its forces have advanced in both the Kharkiv and ...
McLaren’s Lando Norris became Formula One world champion for the first time in Abu Dhabi, edging Max Verstappen to the title by just two points afte...
Israeli Prime Minister Benjamin Netanyahu said on Sunday that he will meet U.S. President Donald Trump later this month, saying a second phase of the ...
At the Doha Forum, Assistant of the President of the Republic of Azerbaijan Hikmat Hajiyev and Secretary of the Armenian Security Council Armen Grigor...
A water leak at the Louvre last month damaged up to 400 books in its Egyptian antiquities library, deepening concerns over the museum’s ageing infrastructure weeks after a major jewel theft exposed serious security gaps.
Israeli Prime Minister Benjamin Netanyahu said on Sunday that he will meet U.S. President Donald Trump later this month, saying a second phase of the U.S. president's Gaza plan was close.
A coup attempt by “a small group of soldiers” has been foiled, Beninese Interior Minister Alassane Seidou said on Sunday on national television, urging citizens to continue their daily activities.
Japan said on Sunday that Chinese fighter jets directed fire control radar at Japanese military aircraft in two incidents near the Okinawa islands, calling the moves dangerous. China denied the allegation.
A coup attempt by “a small group of soldiers” has been foiled, Beninese Interior Minister Alassane Seidou said on Sunday on national television, urging citizens to continue their daily activities.
FIFA releases the 2026 World Cup schedule with match dates, venues, and key fixtures. See when host nations USA, Mexico, and Canada play and get an overview of group stage and knockout rounds.
McLaren’s Lando Norris became Formula One world champion for the first time in Abu Dhabi, edging Max Verstappen to the title by just two points after a tense season finale.
Pakistan and Afghanistan exchanged heavy fire along their shared border late on Friday, a reminder of how sensitive the frontier remains despite ongoing diplomatic efforts.
Lava fountains shot from Hawaii’s Kīlauea volcano from dawn to dusk on Saturday, with new footage showing intensifying activity at the north vent.
U.S. industrial production rose by 0.1% in September, rebounding after a decline in August, while capacity utilisation remained unchanged, according to Federal Reserve data on Wednesday.
Google’s YouTube has announced a “disappointing update” for millions of Australian users and creators, confirming it will comply with the country’s world-first ban on social media access for under-16s by locking affected users out of their accounts within days.
President of Turkmenistan Serdar Berdimuhamedow has signed the “On Virtual Assets” law, which will officially legalise cryptocurrency mining and exchange activities in the country from 1 January 2026.
European Union ministers will urge senior U.S. trade officials to implement more elements of the July EU–U.S. trade deal on Monday, including cutting tariffs on EU steel and lifting duties on goods such as wine and spirits.
Google has announced a major update for its Pixel 10 series: owners can now send and receive files with Apple devices using AirDrop, without any collaboration from Apple. The new functionality applies to iPhones, iPads, and macOS devices, though for now it is limited to the Pixel 10 line.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment