$BTC Bitcoin (BTCUSDT) experienced a notable decline over the past 24 hours, with the price dropping 2.84% from a 24h open of $108,175.64 to a current Binance price of $105,104.00. This price movement is primarily attributed to heightened geopolitical tensions following Israel’s airstrikes against Iran, which triggered risk-off sentiment among investors and broader market volatility. Additional contributing factors include recent U.S. policy announcements such as new tariffs and proposed tax cuts, FTX creditor payouts, Ether options expiry, and ETF inflows, all influencing market dynamics and investor behavior.
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