#以色列伊朗冲突 **The Israel-Iran Conflict Impacts the Cryptocurrency Market, Market Panic Intensifies**
The military conflict between Israel and Iran has caused a plunge in the cryptocurrency market, with Bitcoin dropping below $103,000 and Ethereum falling to $2,500, resulting in over $1 billion in liquidations within 24 hours. Investors are turning to safe-haven assets like gold and crude oil, while the strengthening dollar further suppresses cryptocurrency prices. High-leverage trading exacerbates volatility, and institutional funds continue to withdraw. The short-term market may continue to fluctuate, but the long-term outlook remains optimistic for the fundamentals of cryptocurrencies. If the situation eases, prices may rebound quickly, and it is necessary to monitor key support levels and geopolitical developments.