Bitcoin Drops Below $104K Following Israel-Iran Strikes

Geopolitical tensions stemming from the Israel-Iran conflict are causing volatility in the cryptocurrency market, leading to a noticeable decline in prices for major cryptocurrencies. Bitcoin fell below $104,000 as investors reacted cautiously to news of military strikes on Iranian targets. 7.74% drop was recorded for Ether (Ethereum), and liquidations exceeding $450 million further impacted the cryptocurrency market.