$BTC The price of bitcoin has fallen drastically, dropping below the $103,000 mark. This abrupt decline is attributed to the tension caused by the escalation of the conflict between Israel and Iran.

This is reported by ProIT

Significant drop in the value of bitcoin

In recent hours, the cryptocurrency has lost a notable portion of its market value. Analysts point out that the cause of this dynamic is the geopolitical risks associated with the conflict in the Middle East region. Investors are reacting to the events, pulling funds from risky assets, among which is bitcoin.