On Thursday, the price of Bitcoin fell below $63,000, with trading prices nearing $62,500. Earlier, tensions between Israel and Lebanon escalated, affecting risk appetite in the crypto market. Israel’s military activity in southern Lebanon intensified, leading to increased selling pressure on major tokens such as Bitcoin and Ethereum. Ethereum’s price also fell, dropping below $1,700. According to data from Bitcoin.com, after the latest escalation between Israel and Lebanon, the total liquidation in the crypto market exceeded $1 billion. Market concerns are growing that Israel will expand its military-controlled zone, which could affect energy supplies and investor confidence. Traders are watching whether Bitcoin can reclaim the $63,000 price level; if it fails to recover that level, it could put pressure on Ethereum and the broader crypto market.