#IsraelStrikesIranBTCPlunges In situations triggered by geopolitical tensions and sudden risk-off reactions, Bitcoin (BTC) reacts more like a high-beta risk asset than a safe haven, leading to sharp market declines. During periods of conflict and tension between Israel and Iran, selling pressure on exchanges results in the liquidation of hundreds of millions of dollars worth of positions, triggering rapid pullbacks in the cryptocurrency market.

BTC-0.52%
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