#IsraelIranConflict
Market Decline: Israeli airstrikes on Iran triggered a 'risk-off' reaction, with Bitcoin dropping more than 4% in a single day, touching a level of ~103 thousand dollars before a slight recovery later.
Significant Trading Volatility: The market witnessed the destruction of over a billion dollars in leveraged trading positions within 24 hours.
Ethereum Returns to Pressure: Ethereum declined by about 7–8%, while smaller Altcoins were the most affected.
Investor Shift to Safe Havens: Gold, the dollar, and the Japanese yen all rose as safe-haven assets, while Bitcoin fell in comparison and its role as 'digital gold' was called into question.
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📈 Current Market Status – Relative Improvement
Bitcoin has recovered from its lows (~102.5 thousand dollars) to around ~105–106 thousand dollars in several market transactions.
The overall trend still suggests that this decline may be considered a technical correction within a broader upward framework, and expectations have been raised for a potential increase to 150 thousand dollars later.
