#CardanoDebate 🔻 Bitcoin dropped from 106K to 103K because all markets entered a wave of fear after news of potential strikes between Israel and Iran.
All U.S. stock indices are in red, and the VIX index (fear) rose more than 10% — which means that investors are becoming cautious and selling risky assets like crypto.
🔍 Bitcoin usually moves with the stock market, especially with Nasdaq, and when we see gold and the dollar rising — this is a sign that cash is fleeing from crypto.
⚠️ This means we could see more pressure on Bitcoin, especially if it breaks the 100 thousand level — because this is a significant psychological and technical support.