Bitcoin today stands as a resilient digital asset, gaining legitimacy through rising institutional adoption and ETF approvals. It continues to serve as a store of value amid global uncertainty, with development on scalability through the Lightning Network. Regulatory landscapes remain mixed, but overall sentiment is cautiously optimistic. As it matures, Bitcoin holds firm as a symbol of decentralization and financial innovation.
The world’s largest cryptocurrency on Sunday dipped below $100,000 for the first time in over a month following U.S. airstrikes on Iran.
Bitcoin dropped 4% over the past 24 hours to about $99,300, according to data from Binance. Ether, the second largest cryptocurrency by market capitalization, had an even starker decline, shedding almost 10%. The total crypto market has tanked about 7% over the past day.
The selloff happened just hours after the U.S. bombed three key nuclear sites in Iran on Saturday.