Bitcoin (BTC) dropped 2.8% to $104,370 after Israel’s airstrikes on Iran, falling from $106,042, per CoinMarketCap. The crypto market cap fell 6.1% to $3.38 trillion, with 98 of the top 100 coins declining. Despite the dip, analysts remain bullish, citing institutional ETF inflows and a maturing macro environment. Bitfinex predicts BTC could hit $120,000–$125,000 by June’s end, with long-term forecasts eyeing $130,000–$150,000 in 2025. U.S. Senate’s upcoming vote on the GENIUS Act and a market structure bill may clarify crypto regulations. Anthony Pompliano is reportedly launching a $750M Bitcoin investment vehicle, signaling strong institutional interest.
