$BTC **Israel-Iran conflict impacts the cryptocurrency market, market panic intensifies**

The military conflict between Israel and Iran has triggered a sharp decline in the cryptocurrency market, with Bitcoin falling below $103,000 and Ethereum dropping 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 market may continue to fluctuate in the short term, but the long-term outlook for the fundamentals of cryptocurrency remains optimistic. If the situation eases, cryptocurrency prices may rebound quickly, and attention should be paid to key support levels and geopolitical developments.