#IsraelIranConflict Bitcoin and other major cryptocurrencies tumbled on Friday after Israel launched military airstrikes on Iran, triggering a wave of risk-off sentiment across global markets. The escalating geopolitical tensions rattled investor confidence, leading to a sharp selloff across crypto assets.
Beyond equities, the conflict has triggered a broad sell-off of risk assets, including cryptocurrencies. Bitcoin (BTC) tumbled 2.82% to USD 102,832 on Binance on Friday before rebounding to USD 105,028 by 6:47 PM . Crypto markets faced a downturn. This happened after Israeli airstrikes in Iran. Bitcoin fell, reaching $102,822. Ethereum also declined. The total crypto market lost about $140 billion. Experts suggest this is a market reset. They believe fundamentals remain strong. Some altcoins also experienced losses. Institutional interest in crypto remains steady. .