$BTC Bitcoin Falls Below $104K as Market Volatility Spikes

📉 Bitcoin slid 4%, dipping under the $104,000 mark, while Ethereum saw a sharper 5.1% decline to around $2,400.

💼 A shift in sentiment is steering investors toward traditional safe havens as global tensions rise.

🧨 Crypto-related equities are also under heavy pressure as the broader market adopts a risk-averse stance.

Main Catalysts

• Reports of Iran leveraging crypto to bypass sanctions are drawing increased global regulatory focus.

• Automated trading systems are adjusting their risk models, intensifying short-term market turbulence.

• Geopolitical risk assessments show a split in trader sentiment, contributing to unstable price action.