Will Bitcoin Slide Below $100,000 As U.S.-Iran Tensions Escalate?

Earlier today, the prospects of Bitcoin getting better from the $104,000 price level were quite high. A lot has actually happened during the weekend, especially the U.S escalating tensions with Iran, raising financier concerns. The bullish optimism around Bitcoin may therefore be required to take a back sit. The rising geopolitical tensions underscored a […] The post Will Bitcoin Slide Below $100,000 As U.S.-Iran Tensions Intensify? appeared initially on The Coin Republic.

A lot has actually taken place throughout the weekend, particularly the U.S intensifying stress with Iran, raising investor concerns.The bullish optimism around Bitcoin may therefore be forced to take a back sit. A comparable outcome was observed after reports that the U.S attacked Iran.Unexpected Bitcoin Sell Pressure Activates Spike in LiquidationsThere were heavy expectations of a Bitcoin bounce back near $104,000 and this may have encouraged numerous financiers to perform long positions. Remarkably, Bitcoin exchange reserves have been cooling down aggressively but just recently leveled out, verifying a clear effect on market sentiment.The post Will Bitcoin Slide Below $100,000 As U.S.-Iran Tensions Intensify?

Sam Boolman | Crypto Enthusiast and Writer

Sam Boolman is a contributing writer at ChainIntel.org with a long-standing interest in cryptocurrency, blockchain technology, and emerging financial trends. A self-directed trader who actively invests his own capital, Sam follows the markets closely and brings a hands-on perspective to the fast-paced world of crypto journalism. With a background in business and digital media, Sam has written across a variety of sectors including tech, startups, and online finance. His curiosity and enthusiasm for the evolving digital economy fuel his exploration of Web3, decentralised finance, and market developments. Sam is passionate about making complex topics more accessible to everyday readers and continues to expand his knowledge through research, trading experience, and industry engagement.

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