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

-Smaller tokens like Polkadot, Uniswap jump more than 10%

-Israel-Iran tensions test view of crypto as geopolitics haven

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%.

Source - Bloomberg

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