What to know : Bitcoin has fallen back below $66,000 alongside losses in the S&P 500 futures. Iran has reportedly stepped up attacks against U.S. assets in the middle east. Some OSINT handles say that Iran has hit oil infrastructure in Saudi Arabia.
Bitcoin pulled back from Asian session highs alongside losses in the U.S. stock futures as Iran stepped up attacks in the Middle East.
The leading cryptocurrency fell back below $66,000 after hitting a high of nearly $67,000 in early Asian hours. The S&P 500 e-mini futures fell to 6,790, down 1.4% on the day, reversing the early rise to 6,857. Meanwhile, oil prices continued to trade higher by over 7% on both sides of the Atlantic.
Iran reportedly stepped up missile attacks on the U.S. assets in Bahrain, Kuwait and the UAE. It also attacked Saudi Arabia's oil infrastructure, the widely-followed Warn and Gore OSINT handle. Saudi Arabia is one of the largest oil producers in the world.
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