Bitcoin Slips to $27K as Escalating Hamas-Israel Conflict Dampens Investor Confidence

Crypto markets slumped over 1.6% in the past 24 hours, the CoinDesk Market Index (CMI), a broad-based guage for tracking hundreds of tokens, shows. Ether fell 2.2% to extend weekly losses to over 5%, while XRP tokens led a decline in alternative currencies with a 3% drop.