Bitcoin Plunges 1.5% in 10 Minutes, Dips Below $79,000

BlockBeats News, May 4th, according to HTX market data, Bitcoin experienced a sudden 1.5% drop within 10 minutes, falling below $79,000 to a current price of $78,724.

On the news front, according to Iran's Fars News Agency, a US warship today ignored Iranian warnings and attempted to approach and enter the Strait of Hormuz. Iran fired two missiles at it. The warship turned back.