$BTC ## just took a nasty tumble—dropping about 3.2% intraday from roughly $108 K to $104.5 K. That plunge’s fueled by a triple whammy: geopolitical tension (the Israel‑Iran flare‑up), fading hopes for Fed rate cuts, and leveraged liquidations wiping out over $1.15 billion in crypto positions .

Quick history: Born in 2009, Bitcoin broke $1K in early 2017, hit $20K late 2017 before crashing. It soared past $60K in 2021, then sank in the 2022 crypto winter. This year it tagged all‑time highs near $112 K in May .