Bitcoin Drops Below $77K, Ethereum Below $2,400 as Middle East Tensions Escalate

Bitcoin Drops Below $77K, Ethereum Below $2,400 as Middle East Tensions Escalate

N
News Editor
2026-09-01 18:40:35
Bitcoin fell below $77,000 and Ethereum below $2,400 as the crypto market faced pressure from escalating Middle East tensions. U.S. airstrikes targeted Iranian positions near the Strait of Hormuz, prompting missile and drone retaliation.

BlockBeats News, September 2 — HTX market data shows the crypto market kept sliding as tensions in the Middle East intensified. Bitcoin fell under $77,000, and Ethereum dropped below $2,400. On the news side, the U.S. Air Force carried out airstrikes earlier today on Iranian targets near the Strait of Hormuz. Then Iran responded by launching missiles and drones at U.S. military positions.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.
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