Bitcoin (BTC) has experienced a sharp decline, dropping to around $103,000–$104,000, a decrease of about 5% in a short period after Israel launched airstrikes on Iran.
Ethereum (ETH) was hit harder, recording a decline of about 7.6–10%, testing support levels around $2,500.
As for BNB, on the Binance platform, it saw a moderate decrease of about 2–4%, with a general impact on altcoins.
As tensions escalated, investors turned to safe assets like gold and government treasuries, while massive liquidity exceeding $1 billion was executed in long positions in the speculative sector.