Cryptocurrencies fell heavily and bitcoin broke below $60,000 on Friday in a rush out of risky assets following reports of an Israeli missile strike on Iran.
Bitcoin slid more than 5.5% to $59,961 in the Asia session as the U.S. dollar rose broadly. Ether fell by a similar margin, dropping below the $3,000 barrier to $2,895.
Read more: Oil prices surge 3% after reported Israeli strikes on Iran: What's happening?
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Israeli missiles hit a site in Iran, ABC News reported, citing a U.S. official, days after Iran launched a drone strike on Israel.
Iran's Fars news agency said an explosion was heard at the airport in the Iranian city of Isfahan.
Oil, gold and bonds rallied sharply.
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Track live Stock Market Today updates and check your NSE IPO Allotment Status Today. Stay informed with the latest business news like N Chandrasekaran, petrol and diesel prices, gold and silver rates, income tax updates, and major economic developments across India and globally.
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