Bitcoin Price Plunges Over $4,500 as Middle East Tensions Spark Market Turmoil

Crypto markets experienced a significant shake-up after news of Israeli airstrikes on Iranian targets triggered global panic and raised fears of escalation in the Middle East. Bitcoin’s price plummeted below $104,000, shedding over 4% within just 24 hours, as investors sought safer haven assets amidst market uncertainty. The sell-off was amplified by concerns about political instability and its potential impact on broader financial markets.