<ul data-eligibleForWebStory="true"><li>Bitcoin price dropped below $103,000 due to renewed geopolitical instability causing investor confidence to shake.</li><li>The crypto market saw a decline with Bitcoin recording a daily loss of almost 3% and later slightly rebounding.</li><li>Top altcoins like Ethereum and Solana also experienced a downward trend with losses ranging from 8% to 9.2%.</li><li>DOGE, ADA, and TRX also lost between 7% to 8% amidst the market turmoil.</li><li>Reports of Israeli airstrikes on Iranian territory triggered the market selloff, leading investors to exit risky assets like crypto.</li><li>Investors liquidated leveraged positions and shifted into safe-haven assets like gold, U.S. dollars, and Treasuries.</li><li>Over $1 billion in long positions were liquidated across all crypto exchanges in the last 24 hours, according to Coinglass data.</li><li>Market analysts suggest that Bitcoin may find technical support around the $101K level, depending on geopolitical developments.</li><li>Crypto's role as a hedge in macro scenarios is questioned as liquidity and risk-off sentiment dominated during the conflict.</li></ul>

Cryptos Crash as Israel Iran War Escalates

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