Bitcoin sank as much as 3.8 per cent and Ether as much as 10 per cent in the aftermath of the attacks.

The broader crypto market has also tanked, dropping 7% over the past 24 hours.

Bitcoin fell to its lowest level in over a month after U.S. airstrikes on Iran, fueled by inflation fears, institutional pullback, and forced liquidations.

Bitcoin sank as much as 3.8 per cent and Ether as much as 10 per cent in the aftermath of the attacks.