Bitcoin Falls to the $79,000 Range After Reports of Clash in the Strait of Hormuz [Crypto Briefing]

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\r\n[Financial News] Bitcoin fell to the $79,000 range on the 8th, a day after talk of a possible negotiation phase between the United States and Iran emerged, as clashes broke out in the Strait of Hormuz.
According to CoinMarketCap, Bitcoin was trading in the $79,000 range at 10:30 a.m. that day, down 1.81% from the previous day on a 24-hour basis. Over the past week, Bitcoin has risen 4.21%.
Bitcoin is trading in the 117 million won range in the Korean won market. Based on Cryprice, Korea's premium stands at 0.89%.
The decline appears to reflect worsening tensions in the Middle East. According to foreign media reports, the United States Armed Forces struck Iranian military facilities on the 7th local time in response to an Iranian attack. The move came just one day after Donald Trump suggested the possibility of a ceasefire agreement.
CoinMarketCap's Crypto Fear and Greed Index stood at 47 on the day, indicating "neutral." The index ranges from 0 to 100, with values closer to 0 interpreted as "extreme fear" and those closer to 100 as "extreme greed."
At the same time, Ethereum was trading in the $2,284 range, down 1.98% from the previous day. Ripple (XRP) was trading in the $1.38 range, down 2.27%.
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yimsh0214@fnnews.com Lim Sang-hyuk Reporter