Published by CentBit.Online – Crypto & Blockchain Expert, Banglades
Bitcoin has fallen under $104,000 amid escalating military conflict between Israel and Iran, as global markets react to rising geopolitical tensions with increased volatility and uncertainty.
The sharp decline, triggered by renewed airstrikes and aggressive rhetoric from both sides, has sent shockwaves across financial markets—including crypto, which had been showing signs of stabilization in recent days.
Market Reaction: Risk-Off Mode Returns
Within hours of news reports confirming intensified Israeli airstrikes and Iranian retaliatory measures, Bitcoin dropped by more than 4%, falling from around $108,000 to $103,600—its lowest level in two weeks.
Other major cryptocurrencies also saw red:
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Ethereum (ETH) slipped below $5,200
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Solana (SOL) fell over 6%
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BNB, XRP, and DOGE posted similar losses
“This is a classic risk-off reaction,” said [Insert Analyst Name], crypto strategist at CentBit.Online. “Investors are moving out of volatile assets like crypto and back into traditional safe havens such as gold and U.S. Treasuries.”
War and Crypto: A Complicated Relationship
While Bitcoin is often viewed as a “digital safe haven,” its behavior during times of war has been mixed. In the early hours of geopolitical crisis, crypto markets tend to experience panic-driven selloffs before rebounding as uncertainty subsides.
The current conflict between Israel and Iran has introduced real fears of a broader regional war, which could disrupt energy supplies, global trade routes, and macroeconomic stability—triggering a wave of volatility across all major asset classes.
“Investors aren’t selling Bitcoin because they no longer believe in it—they’re doing so to reduce exposure amid unpredictable global events,” added the analyst.
Crypto Liquidations Spike
According to on-chain data platforms, more than $335 million was liquidated from crypto positions in the past 60 minutes alone, as leveraged traders were caught off guard by the sudden price swing.
This follows a similar pattern seen during past geopolitical events, where leverage unwinding adds fuel to downward momentum.
What It Means for Bangladesh’s Crypto Community
For Bangladeshi crypto investors, the current market movement is a stark reminder of the global interconnectedness of digital assets. Even distant conflicts can rapidly impact portfolios and sentiment.
“We always advise our community to monitor global developments. Bitcoin doesn’t exist in a vacuum—it reacts to global fear just like traditional markets,” said [Insert Your Name], founder of CentBit.Online.
While Bangladesh’s exposure to the Middle East conflict may be indirect, its economic and remittance ties to the region mean that prolonged instability could have ripple effects at home—both economically and digitally.
Conclusion
Bitcoin’s fall below $104,000 amid the Israel-Iran conflict underscores the asset’s sensitivity to geopolitical shocks. While long-term fundamentals remain intact, short-term turbulence is likely as global tensions persist. For crypto investors in Bangladesh and beyond, risk management and staying informed are more important than ever.
Stay updated with real-time crypto news, global impact analysis, and market insights at CentBit.Online – Bangladesh’s leading voice in blockchain and digital finance.
