After the news of “Khamenei”‘s killing was announced, the price of Bitcoin approached the level of $68,000, and XRP competed with BNB respectively.

On Saturday, Bitcoin prices fluctuated sharply against the backdrop of mutual attacks in the Middle East, before returning to near the opening with sharp price action, mixed gains and losses.

Last week began a significant decline, with Bitcoin falling from $68,000 to just over $64,000 on new developments in tariff documents.

Selling pressure continued on Tuesday, with the currency hitting its lowest level in weeks at $62,500, before rebounding strongly on Wednesday, hitting $70,000 for the first time in about eight days.

But this rise did not last long and the pressure soon returned, with the currency losing thousands of dollars before moving sideways around $68,000 for the next few days.

As the military incident escalated, the price of Bitcoin fell from $67,000 to $63,000 within hours of the first attack.

However, it rose strongly after the news of the killing of Iranian leader Ayatollah Ali Khamenei, breaking through $68,000, before failing to consolidate gains and currently falling below $67,000.

Bitcoin’s market capitalization has recovered to approximately $1.335 trillion, while its market dominance remains just over 56%.

On the altcoin front, most currencies have rebounded after falling sharply the previous day.

Ethereum price rose 7.5% in 24 hours, approaching the $2,000 level.

BNB rose to $622, but XRP rose about 8% to $1.40, surpassing it and regaining the fourth position in market capitalization.

Tokens such as Solana, Dogecoin, Cardano and LINK also recorded gains of 7% to 9%.

HYPE was the best performer among major currencies, rising 15% to $31, while JUP, NEAR and PUMP posted double-digit daily gains.

The total market value of digital currencies rose by about $100 billion in a single day to nearly $2.4 trillion, indicating a return to risk appetite despite continued geopolitical uncertainty.

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