Bitcoin$BTC
BTC
104,995.14
-2.37%
fell below $103,000 today (June 13, 2025), as the Israel-Iran conflict has triggered a global quest for safety. Crypto investors are now reevaluating their next steps.
Bitcoin fell below $103,000 in the early hours of trading today after a sharp escalation of geopolitical tensions between Israel and Iran. Airstrikes in the Middle East have caused fear in global markets, driving investors towards safer assets and triggering a sudden sell-off across all major cryptocurrencies.
Although Bitcoin showed signs of strength earlier this week, today's drop highlights how sensitive the market remains to macroeconomic events. Ethereum,
ETH
2,526.18
-7.77%
BNB,$BNB
BNB
655.09
-1.75%
Solana also recorded a decline of 5-8% over the past 24 hours.
Despite this setback, analysts believe that this decline may be temporary. Many experts point to increasing institutional adoption, upcoming ETF flows, and Bitcoin's long-term fundamentals as key indicators that this correction may just be a short pause in a larger bull rally.
Crypto strategist Michael Rosen said: "This is not the end — it's a reboot. Volatility remains, but long-term indicators are still bullish."
For short-term traders, this decline may offer an entry point. For long-term holders, it is yet another reminder that geopolitical risks can shake the market in a matter of hours.
The main takeaway? Keep an eye on global headlines. In cryptocurrency, the biggest movements often happen outside of charts.
Do you think Bitcoin will quickly recover or drop even further? Share your thoughts in the comments below 👇
