$BTC

The price of Bitcoin is on a slippery slope due to tensions in the Middle East and investors' decision to reduce risks, threatening a drop below $100,000.

it reached a weekly high of $110,653 on Monday, but has currently fallen by 3.5%, reaching a low of $106,600. The rising tensions between Iran and Israel, with reports that Israel may be preparing a military action against Iran, have triggered a risk-averse sentiment, with BTC showing a reaction.