$BTC $BTC Bitcoin stumbled today amid a wave of global selling triggered by the escalating conflict between Israel and Iran, falling from intraday highs around $108k to approximately $104.5k. This correction reflects its sensitivity to geopolitical instability and the behavior of risk-averse investors. Despite the drop, BTC remains rooted in a broader macro narrative of declining inflation, strong institutional participation through ETFs, and technical support in the $103k–$106k range. Although volatility persists, long-term momentum is sustained by growing adoption, regulatory clarity, and potential relief from the Fed. Essentially, today's decline underscores Bitcoin's evolving profile: still high beta, but structurally strengthening.