Prices for Bitcoin and other cryptocurrencies are displayed on the status board at the Bithumb Lounge Gangnam Main Branch in Seocho-gu, Seoul. /Courtesy of News1

Despite the New York stock market falling due to the Middle East crisis, the virtual asset market is broadly rising on bargain hunting.

At 8:30 a.m. on the 20th, according to CoinMarketCap, a global virtual asset market tracker, Bitcoin was trading at $66,983, up 1.91% from 24 hours earlier. At the same time, No. 2 by market cap, Ethereum, was up 0.21% at $1,948, and Ripple was up 0.01% at $1.41.

The slight gains in most virtual assets appear to reflect bargain hunting after extended declines in virtual assets. In contrast, the New York stock market fell across the three major indexes the previous day on concerns that the United States was on the verge of an airstrike on Iran.

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