$BTC
dear readers,
The Iran-Israel conflict, escalating with Israel's June 13, 2025, airstrikes on Iranian nuclear sites, has triggered significant volatility in Bitcoin's price.
BTC dropped from $109,000 to $103,000, reflecting a 4.5% decline, as investors fled risk assets amid fears of regional war and oil-driven inflation.
Over $1 billion in crypto liquidations occurred, with $945 million in long positions wiped out.
Despite its "digital gold" narrative, Bitcoin behaved like a speculative asset, with investors favoring traditional safe havens like gold.
Further escalation could push BTC toward lower support levels, but resilience is a key feature it's displayed in the past.
what's your take