#IsraelIranConflict Tensions between Israel and Iran Destroy Bitcoin and Altcoins! However, Analysts Say "Interest in XRP and These Altcoins Continues,

Bitcoin (BTC) and the cryptocurrency market have been negatively affected by the tensions between Israel and Iran

At this point, the cryptocurrency market has sharply declined as investors react to new military activity in the Middle East and Israeli airstrikes on Iran have led to broader risk aversion.

Bitcoin fell to $103,000 before recovering to $104,600, while Ethereum and altcoins also experienced significant declines.

ETH dropped 8.8% in the last 24 hours, while XRP fell 5% and Solana (SOL) dropped 9%.