Bitcoin Dips Under $100K Amid Geopolitical Tensions

Bitcoin dropped below the key $100,000 level today following a military strike on an Iranian desalination plant. The incident left 10,000 residents without water and triggered a wave of fear throughout global financial markets.

The sudden price movement caused significant volatility, resulting in $700 million worth of liquidations for traders holding long positions. Large sell orders hit the market quickly as investors moved to reduce their exposure to risk assets during the geopolitical uncertainty.

Traders are now watching for further developments in the Middle East to gauge if the market selloff will continue. Prices remain unstable as the community monitors how these events affect broader crypto sentiment in the coming days.