The crypto market dropped hard this week after Iran and Israel entered open war. This conflict shook investor confidence, and many top coins lost value fast.
š Major Crypto Prices Crash
Hereās what happened in the last 24 hours:
Bitcoin (BTC): Fell 4% to around $103,000 (was $110,653 on Monday)
Ethereum (ETH): Dropped 8% to $2,530
Solana (SOL): Down 8.5%
Dogecoin (DOGE): Down 7.3%
Ripple (XRP): Fell 5%
The total crypto market cap is now $3.27 trillion, down 2.71%. But trading volume jumped to $173.14 billion as panic selling increased.
š§ Expert Opinion: Donāt Panic
Dom Kwok, a former Goldman Sachs analyst, says this:
āWars cause short-term fear, but crypto always comes back stronger. These dips are great chances to buy.ā
He believes the crypto market is still strong in the long run.
š£ Whatās Adding to the Fear?
Almost $3 billion in Bitcoin options will expire today.
This could cause even more price swings.
If Bitcoin drops below $100K, some think a bigger fall may come.
But many also say $100K is a strong support level where buyers will step in.
š What Are Investors Feeling?
The Anxiety & Greed Index is now neutral
This shows that traders are both worried and hopeful
ā Will Crypto Recover?
History says yes:
In past wars and global events, crypto and stocks often fall first
But they usually recover strongly once panic fades
š Bottom Line
Crypto prices are falling due to the Iran-Israel war
Experts say this is short-term fear, not long-term weakness
Bitcoin near $100K could be a key level to watch
Many believe this dip may be a buying opportunity
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