Bitcoin And Ethereum Prices Are Struggling Again, And Here’s What’s Behind It

The Bitcoin and Ethereum prices continue to struggle, with BTC dropping to as low as $70,000 over the weekend. This comes as tensions between the U.S. and Iran continue to escalate, with no sign of a ceasefire happening anytime soon. Bitcoin and Ethereum Prices Struggle as Iran War Drags On Bitcoin and Ethereum prices remain under pressure as the war in Iran enters its third week. Tensions escalated over the weekend with attacks on the U.S. embassy in Iraq, according to a Fortune report. The U.S. embassy had indicated that these attacks were carried out by Iran-aligned terrorist ‌militia groups. Related Reading: Bitcoin Crash Far From Over? Analyst Shares How Painful Bear Markets Can Get Notably, the attacks on the U.S. embassy came amid America’s airstrikes on Iran’s Kharg Island, a key oil terminal for the country. The Bitcoin and Ethereum prices notably fell following the U.S. strikes on the Island. The strikes sparked concerns that it could further drive oil prices higher, which is