#BTC110KSoon?
đ° Market Update: Bitcoin & Altcoins React to Geopolitical Tensions
Following reports of Israelâs airstrikes on nuclear facilities in Iran, global markets have seen heightened risk-off sentiment â and crypto is no exception.
Bitcoin (BTC) briefly dropped by 3% but is currently stabilizing around $105,600.
Meanwhile, altcoins like Solana (SOL) and Cardano (ADA), known for lower liquidity, experienced sharper losses during the volatility.
> âThe crypto market is reacting negatively to Israelâs attack on Iran, alongside other risk assets. Support for BTC is expected around $101,000, but near-term price movements will largely depend on further geopolitical developments,â
said Caroline Mauron, Co-Founder of Orbit Markets.
đ Key Takeaway:
Stay cautious this weekend. Market sentiment remains fragile, and unexpected news could drive sharp moves.