$BTC Here’s the current Bitcoin price:
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📉 Recent Crypto Reaction to Israel‑Iran Conflict
Bitcoin dropped ~4–5% intra‑day, falling from highs around $108k to lows near $103k in the wake of the strikes .
As of today, it's hovering around $103.9k, reflecting a more than 2% decline recently .
Why the Drop?
1. Risk-off sentiment: Investors fled risk assets, pushing funds into traditional safe havens like the dollar, gold, Treasuries, and yen .
2. Mass liquidations: Roughly $1.15 billion in crypto positions were liquidated, including one whale losing $201 million in BTC leveraged trades .
3. Not behaving like “digital gold”: Despite previous safe-haven narratives, Bitcoin acted more like a tech stock during acute geopolitical stress .
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🔭 What to Watch Next
Geopolitical developments: Any Iranian retaliation or regional escalation could deepen risk-off behavior.
Oil & inflation dynamics: A ~10% spike in oil prices might spur inflation concerns, pressuring central banks and liquidity.
Macro data & policy signals: Upcoming Fed, ECB, BoE policy statements might have amplified impacts.
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💡 Trader & Analyst Perspectives
FXStreet notes bearish momentum: BTC is trading below its 50‑day EMA (~$102.4k), opening up the possibility of testing the $100k psychological level .
Still, analysts see current weakness as short-term volatility, not a fundamental collapse
