#BTCHovers100k #BTC #bitcoin $BTC

Bitcoin made headlines by surpassing the $100,000 threshold, a move coinciding with escalating tensions linked to former President Trump’s actions toward Iran. This geopolitical shift is poised to influence energy markets and may have a trickle-down effect on the cryptocurrency sector.

Earlier, Bitcoin fell to a low of about $92,111, wiping out roughly $1.23 billion in positions following the tariff announcement. As a result, investors who had been riding its surge past $100,000 began selling off their holdings, while reduced ETF inflows and a decline in overall market confidence added to the pressure.