Bitcoin's price fell to $103,053 after Israel initiated airstrikes on Iran, impacting market sentiment. The drop occurred within 90 minutes, having previously risen to $110,265 shortly before the news. This decline surprised traders, leading to significant liquidations of long positions totaling approximately $427.84 million. Investors had hoped for a new all-time high, but the geopolitical tensions have raised concerns. Historical patterns suggest that Bitcoin may recover, as seen after previous conflicts. Meanwhile, gold and oil prices rose in response to the conflict, contrasting Bitcoin's decline. Israeli Prime Minister Netanyahu stated that the military action aims to neutralize threats from Iran's nuclear program, while Iran's leader warned of severe retaliation. Amid this uncertainty, some crypto advocates are suggesting it could be a buying opportunity, indicating a possible bullish trend in the future despite the current downturn.

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