Bitcoin Falls Back to $70,000 After Israel Strikes Lebanon on First Day of Truce [Crypto Briefing]

[Financial News] Bitcoin fell back to around $70,000 on the 9th as tensions escalated, with Israel attacking Lebanon even after the United States and Iran entered into a truce.
According to global digital asset data platform CoinMarketCap, Bitcoin was trading around $70,000 as of 10 a.m. that day, down 1.16% over the past 24 hours. Bitcoin has risen 3.28% over the past week.
In the Korean won market, Bitcoin is trading at around 105 million won. Based on global crypto market comparison platform Cryprice, the so‐called Korea premium stands at 0.67%.
Investor sentiment has weakened somewhat amid controversy over whether Lebanon is covered by the two‐week truce between the United States and Iran. On the 8th (local time), when the U.S.–Iran truce was announced, Israel carried out extensive airstrikes across Lebanon.
U.S. President Donald Trump commented, "Lebanon was not included in the cease-fire agreement." In response to Israel’s attacks, Iran again closed the Strait of Hormuz.
The Crypto Fear and Greed Index provided by CoinMarketCap stood at 42 that day, indicating a "neutral" market. The index ranges from 0 to 100, with values near 0 interpreted as "extreme fear" and those near 100 as "extreme greed."
At the same time, Ethereum was trading around $2,184, down 2.23% from the previous day. Ripple (XRP) was at about $1.33, a decline of 1.86%.


yimsh0214@fnnews.com Im Sang-hyuk Reporter