Bitcoin dropped as much as 3.8% to $63,038, before stabilizing to trade around the $64,000 mark in morning trading in New York. Roughly $128 billion in market value was erased across digital assets in the immediate aftermath of the news, according to data from CoinGecko. Several large explosions were reported in Tehran, shortly after which US President Donald Trump urged Iranians to take over the government once the military campaign comes to an end.