Widespread decline of the crypto market

The crypto market shows red: only 2 of the top 100 cryptos are gaining today

Details:

• Bitcoin holds above USD 100,000, but operates sideways with volatility due to tensions in the Middle East

• Ethereum stalls after an initial breakout.

Context:

• Tensions between Israel and Iran create fear in global markets, dragging down cryptos.

• Bitcoin options show hedging positions for possible drops to USD 100,000.

• Uncertainty persists despite regulatory advances due to geopolitical conflict.$BTC $ETH