The BTCUSDT pair has witnessed sharp fluctuations following the escalation of conflict between Israel and Iran, as the price of Bitcoin dropped to levels near $104,000 after previously exceeding $108,000. This rapid decline is attributed to panic in global markets, where investors moved to liquidate their risky positions. This coincided with increased demand for gold and U.S. bonds as safe havens, which added to the selling pressure on cryptocurrencies. The liquidation volume in Bitcoin futures reached hundreds of millions within hours. Volatility is expected to continue as long as the geopolitical situation remains tense $BTC