🔽Markets fell amid escalating conflict between the US and Iran

Bitcoin sank sharply and updated its 2026 low—the price dropped below $84,000. In just an hour, positions worth $412 million were taken out of the market, of which about $400 million were long positions.

At the same time, a drawdown is also observed in the precious metals market - gold has lost approximately $2.8 trillion in market capitalization, which is comparable to the current total capitalization of the entire crypto market.

All this is happening against the backdrop of growing geopolitical tension in the Middle East - the United States is increasing its military presence in the region, Iran is announcing a tough response to any aggression and is announcing military exercises.‌‌