Bitcoin’s $100K Dream Shattered Amid Iran-U.S. Tensions – Here’s Why Traders Are Sweating

Bitcoin's rally hits a wall as geopolitical tensions flare. The king of crypto tumbled below the psychological $100K mark after reports surfaced of Iran preparing retaliatory measures against the U.S. – proving once again that digital gold still bleeds when traditional markets panic.

Market jitters trigger crypto sell-off

Risk assets got hammered as Middle East tensions escalated. Bitcoin's failed bounce shows even the most bullish narratives crumble when geopolitics enter the chat. The 'digital gold' narrative? More like fool's gold when missiles start flying.

Wall Street's favorite volatility pump

Funny how crypto always becomes the canary in the coal mine for risk appetite. While hedge funds were busy shorting Treasuries, Bitcoin investors got a brutal reminder that in times of crisis, everyone runs for the exits at once – even in our 'decentralized' utopia.

As one trader put it: 'Turns out Satoshi didn't code a solution for Middle East conflicts.' But hey – at least the dip buyers will get another chance to 'buy the fear' before the next Fed meeting.