The Israel-Iran conflict has triggered a **sharp decline in cryptocurrency markets**, with over **$1.15 billion in liquidations**. Bitcoin fell below **$103,000**, while Ethereum and major altcoins followed suit. Investors are shifting funds to **safe-haven assets like gold**, which surged amid geopolitical uncertainty. The market downturn reflects **risk-off sentiment**, as traders exit volatile positions. If tensions escalate, crypto could face **further sell-offs**, impacting liquidity and investor confidence. However, some traders may see this as a **buying opportunity**, anticipating a rebound once stability returns. The situation remains fluid, with global markets reacting to new developments.
