Bitcoin price today: above $106k after Israel-Iran conflict sparks weakness
Bitcoin surged above $106,000 as geopolitical tensions between Israel and Iran triggered investor flight to decentralized assets. The cryptocurrency market reacted swiftly to global instability, reinforcing Bitcoin’s reputation as digital gold. Bitcoin's price skyrocketed past $106,000 today following heightened tensions from the Israel-Iran conflict. As global markets reacted with caution, investors flocked to the safety of decentralized assets like Bitcoin. This spike reinforces Bitcoin's growing role as a geopolitical hedge, with traders seeking refuge amid rising uncertainty in traditional markets. The move also underscores Bitcoin’s volatility and sensitivity to global macro events.
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