$BTC

Bitcoin (BTC) recovered to $106,000 after a drop caused by tensions between Iran and Israel, although it remains 6% below its all-time high.

Meanwhile, the CoinDesk 20 (an index of the leading cryptocurrencies) fell 4.4%, with ether, avalanche, and toncoin being the most affected. Cryptocurrency stocks also suffered, except for Circle, which rose 13% thanks to its recent IPO and the interest from Amazon and Walmart in stablecoins.

Despite the recovery, analysts like Markus Thielen and John Glover warn of a possible deeper pullback for Bitcoin, with key support levels between $100,000 and $101,000, and a potential drop target of $88,000-$93,000 before a possible rally towards $130,000. Traditional markets, for their part, did not show significant concern.