$BTC Price Drop: Bitcoin fell 4% to $99,237, dipping below the key $100,000 level for the first time since May, driven by geopolitical tensions and risk-off sentiment.

Geopolitical Impact: The decline followed U.S. airstrikes on Iran, raising fears of a wider conflict and potential closure of the Strait of Hormuz, a critical oil trade route. This triggered market volatility.

Market Reaction: Over $1 billion in liquidations occurred, with altcoins like Ethereum (ETH) and Solana (SOL) dropping 8–10%.

Recovery Attempt: BTC briefly rebounded to $102,800 after panic selling, supported by high trading volume.

Sentiment: The Fear & Greed Index hit 42 (Fear), with mixed technical indicators suggesting neutral sentiment .