$BTC Falls To $103K As Middle East Tensions Shake Crypto
Key Highlights:
* Bitcoin falls to $103K following Israel’s military strike on Iran, triggering a broader market sell-off.
* $ETH , $SOL , and Dogecoin suffer steeper declines, with ETH dropping 9.8%, SOL 10.3%, and DOGE 10%.
* Geopolitical uncertainty fuels risk-off sentiment, pushing investors toward safer assets.
The cryptocurrency market faced a sharp downturn as Bitcoin slipped to $103K, reacting to escalating tensions in the Middle East. Israel’s preemptive strike on Iran’s nuclear facilities sent shockwaves through global markets, with risk assets taking a hit.
Ethereum and Altcoins Face Steeper Losses
While Bitcoin’s decline was notable, Ethereum, Solana, and Dogecoin suffered even greater losses. ETH fell 9.8%, SOL dropped 10.3%, and DOGE tumbled 10%, reflecting heightened investor caution. Despite the downturn, Ethereum ETFs saw $240M in inflows, signaling long-term confidence in the asset.
Historical Trends and Investor Sentiment
Historically, Bitcoin has experienced short-term price drops during geopolitical crises. However, has rebounded swiftly as adoption strengthens. Investors are now watching macroeconomic factors and central bank policies, which could influence crypto’s next move.
#BTCBearish #MiddleEastTensions