The price of Bitcoin today is approximately $101,747, a slight decrease of 1.2% over the last 24 hours.
The currency has recently declined due to several interrelated factors: First, a massive liquidity from long liquidations caused the liquidation of about $450 million during the US session. Second, repeated attempts to break through resistance levels between $108,000 and $109,000 failed, leading to a strong reversal towards support levels near $103,000 to $104,000. Third, global geopolitical tensions, such as the conflict between Israel and Iran, have pushed investors into a cautious stance, prompting them to reduce their holdings of high-risk assets.
Despite this, there are no signs of a drastic collapse, and the markets continue to fluctuate within a range close to $100,000 to $110,000.
(The report is about 120 words)