Tensions between Iran and Israel have caused a shockwave in the financial markets, particularly on the #bitcoin . The cryptocurrency dropped by more than 4%, falling from $108,500 to $103,556. This decline led to massive liquidations in the crypto market, with over $1.14 billion liquidated in 24 hours. Long positions were the most affected. The tense geopolitical situation between the two countries has had a direct impact on Bitcoin's volatility.