According to @FoxNews, Bitcoin (BTC) experienced a significant price drop, falling over 4% to $103,900 after Israeli forces reportedly conducted strikes in Iran. The news, first reported by Axios and confirmed by Al-Jazeera, triggered a classic risk-off market reaction, with U.S. stock index futures declining approximately 1.5% while safe-haven assets like gold and oil surged, with crude oil jumping 9% to $74 per barrel. In separate news impacting the crypto market, the Bank of England plans to introduce restrictive proposals on banks' crypto-asset exposure by 2026 to safeguard financial stability. David Bailey, an executive director at the bank, indicated the UK would likely align with the Basel Committee's standards, which have proposed limiting banks' exposure to volatile cryptocurrencies like Bitcoin to just 1% of their capital.

According to FoxNews, Bitcoin (BTC) has fallen below $104,000, dropping by as much as 4% in 24 hours due to escalating geopolitical tensions following Israeli strikes in Iran. The broader crypto market experienced a flight from risk, with major altcoins like Ether (ETH) and Solana (SOL) slumping around 7%, as cited in the report. Crypto-related stocks, including Coinbase (COIN) and bitcoin miners like Riot Platforms (RIOT), also declined significantly. XBTO's Chief Investment Officer, Javier Rodriguez-Alarcón, stated that the conflict introduced a "significant geopolitical risk premium," while Finequia analyst Matteo Greco warned that disruptions to Iran's oil production could fuel inflation. The report notes that traditional markets reacted similarly, with U.S. stock futures falling while safe-haven assets like gold and oil rallied.

According to the source, geopolitical tensions have escalated as Israeli forces conducted strikes in Iran, causing significant market volatility. Bitcoin (BTC) price reacted by falling over 4% to $103,900, as reported by the source. This market downturn coincided with a broader risk-off sentiment, with U.S. stock index futures dropping approximately 1.5%, while safe-haven assets like gold and oil surged. Gold added about 0.75% to reach $3,428 per ounce, and crude oil soared 9% to $74 per barrel, according to the report. In a related development impacting the crypto space, the pro-Israel hacker group Gonjeshke Darande released the full source code for the Iranian crypto exchange Nobitex. This action followed a major exploit where the group claimed to have sent over $90 million in tokens from Bitcoin, EVM, Ripple (XRP), Dogecoin (DOGE), and Solana (SOL) networks to burner addresses. The source code leak significantly increases the risk for any user assets remaining on the platform. Nobitex has stated it plans to restore services within five days, though the situation remains critical. According to provided market data, at the time of reporting, XRP was trading around $2.18 and SOL was trading around $151.04.

According to Francisco Rodrigues, cryptocurrencies declined sharply due to Israeli airstrikes on Iran, heightening global risk aversion and causing Bitcoin (BTC) to drop 2.9% and the broad crypto market index to lose 6.1% over 24 hours. Gold rose 1.3% as a traditional haven, while SOL plummeted 9.5% despite earlier ETF optimism, with Jake Ostrovskis of Wintermute noting underexposure to SOL assets amid a 90% approval probability cited by Bloomberg analysts. Spot BTC ETFs saw $939 million in inflows and ETH ETFs $811 million, but market focus shifted to geopolitical risks, with Polymarket traders indicating a 91% chance of Iranian retaliation. Derivatives data revealed increased demand for downside protection, with $1.16 billion in liquidations primarily from long positions, according to Coinglass.

According to Francisco Rodrigues, Bitcoin (BTC) fell 2.9% amid heightened geopolitical risks from Israeli airstrikes on Iran, contributing to a broad crypto market decline with the CoinDesk 20 Index down 6.1%, as reported by market data. Jake Ostrovskis, an OTC trader at Wintermute, highlighted that Solana (SOL) initially rallied on SEC ETF filing updates but later dropped nearly 9.5%, indicating market underexposure to SOL-related assets. Derivatives data from Velo showed open interest falling to $49.31 billion, with BTC and ETH put/call ratios rising to 1.28 and 1.25 respectively, signaling increased demand for downside protection. Coinglass reported $1.16 billion in liquidations, predominantly from long positions, while Farside Investors noted continued inflows into spot BTC and ETH ETFs despite investor caution over Middle East tensions.

According to Francisco Rodrigues, Bitcoin (BTC) fell 2.9% to $104,889.07 and the CoinDesk 20 Index declined 6.1% over 24 hours as Israeli airstrikes on Iran heightened global risk aversion, with gold futures rising 1.3% as a traditional haven, per market data. Solana's SOL plummeted 9.5%, erasing gains from earlier SEC requests for ETF S-1 updates, as noted by Jake Ostrovskis of Wintermute, who highlighted the market's underexposure to SOL assets. Polymarket traders estimate a 91% probability of Iranian retaliation this month, potentially escalating tensions, while derivatives data from Deribit shows increased BTC and ETH put/call ratios at 1.28 and 1.25, indicating higher demand for downside protection.

According to Francisco Rodrigues, cryptocurrencies declined sharply as Israeli airstrikes on Iran escalated geopolitical tensions, with the broad crypto market index falling 6.1% and bitcoin dropping 2.9% over 24 hours based on market data. Solana's SOL plunged nearly 9.5%, reversing gains from SEC ETF filing updates, while Bloomberg ETF analysts Eric Balchunas and James Seyffart assign a 90% probability of SOL ETF approval by year-end. Derivatives data from Velo shows open interest dropping to $49.31 billion, and Deribit indicates increased demand for downside protection with BTC and ETH put/call ratios rising to 1.28 and 1.25 respectively. Coinglass reports $1.16 billion in liquidations, predominantly from long positions, amid elevated leverage risks. Upcoming token unlocks and regulatory events could drive further volatility.

According to Francisco Rodrigues, cryptocurrencies declined as Israeli airstrikes on Iran spurred global risk aversion, with BTC dropping 2.9% and a broad crypto market index falling 6.1% over 24 hours. Jake Ostrovskis, an OTC trader at Wintermute, noted SOL's 9.5% drop despite earlier gains from SEC ETF filing updates, while Bloomberg ETF analysts Eric Balchunas and James Seyffart predict a 90% chance of SOL ETF approval by year-end. Polymarket traders indicate a 91% probability of Iranian retaliation this month, potentially escalating market volatility.

According to Francisco Rodrigues, cryptocurrencies declined sharply due to Israeli airstrikes on Iran, heightening global risk aversion and causing bitcoin (BTC) to fall 2.9% and a broad market index to drop 6.1% over 24 hours, as market data shows. Gold futures rose 1.3%, indicating a shift to traditional safe havens, based on commodity reports. SOL plummeted nearly 9.5% despite Solana ETF optimism, with Jake Ostrovskis noting the market is 'underexposed to SOL' according to his analysis. Derivatives data from Velo revealed open interest dropping to $49.31 billion, while Deribit data showed defensive options positioning with BTC put/call ratio at 1.28. CoinGlass reported $1.16 billion in liquidations, primarily from long positions.

According to Francisco Rodrigues, cryptocurrencies experienced significant declines amid escalating geopolitical tensions, with the CoinDesk 20 Index falling 6.1% and bitcoin (BTC) dropping 2.9% over 24 hours due to Israeli airstrikes on Iran. Jake Ostrovskis of Wintermute noted that Solana's SOL plummeted 9.5% despite earlier ETF optimism, as the SEC requested updated filings from issuers. Spot BTC ETFs saw $939 million in net inflows month-to-date, and ETH ETFs saw $811 million, but market focus shifted to Middle East risks, with Polymarket traders indicating a 91% chance of Iranian retaliation. Derivatives data from Velo showed open interest dropping to $49.31 billion and put/call ratios rising, signaling increased demand for downside protection.

According to Francisco Rodrigues, cryptocurrencies declined sharply due to Israeli airstrikes on Iran, with the CD20 index falling 6.1% over 24 hours and bitcoin BTC dropping 2.9%, as Velo data showed open interest plummeting to $49.31 billion. Gold futures rose 1.3%, highlighting a flight to traditional havens, while Farside Investors reported $939 million in net inflows for BTC ETFs and $811 million for ETH ETFs, though market focus shifted to geopolitical risks. Polymarket traders indicated a 91% chance of Iranian retaliation this month, escalating uncertainty, and Deribit data revealed increased put/call ratios, signaling growing demand for downside protection amid $1.16 billion in liquidations.

According to Francisco Rodrigues, Bitcoin declined by 2.9% to $104,889 amid Israeli airstrikes on Iran, causing a broad cryptocurrency market downturn with a key index falling 6.1% over 24 hours. Solana's SOL dropped nearly 9.5% despite earlier gains from SEC ETF speculation, as noted by Wintermute trader Jake Ostrovskis, who highlighted market underexposure to SOL. Polymarket data indicates a 91% chance of Iranian retaliation, heightening uncertainty, while derivatives open interest fell to $49.31 billion and put/call ratios rose, signaling increased demand for downside protection.

According to Francisco Rodrigues, cryptocurrencies declined sharply due to Israeli airstrikes on Iran escalating global risk aversion, with the broad crypto market index falling 6.1% and BTC dropping 2.9% as investors fled to traditional havens like gold. Derivative markets saw a significant reset, with open interest dropping to $49.31 billion and BTC put/call ratios rising to 1.28, signaling increased demand for downside protection amid geopolitical uncertainty. Despite $939 million in net inflows to spot BTC ETFs and $811 million to ETH ETFs this month, market focus shifted to potential Iranian retaliation, with Polymarket traders assigning a 91% chance of escalation.

According to Francisco Rodrigues, cryptocurrencies declined sharply as Israeli airstrikes on Iran triggered a global risk-off sentiment, with the broad crypto market index dropping 6.1% and BTC falling 2.9% over 24 hours. Despite spot ETF inflows of $939 million for BTC and $811 million for ETH month-to-date, Solana's SOL slid nearly 9.5% after the SEC requested ETF issuers to update filings, as noted by Wintermute trader Jake Ostrovskis. Geopolitical risks remain elevated, with Polymarket traders assigning a 91% chance of Iranian retaliation, potentially exacerbating market volatility.

According to Francisco Rodrigues, bitcoin (BTC) fell 2.9% as Israeli airstrikes on Iran escalated geopolitical tensions, causing a broad crypto market decline of 6.1% according to market data. Gold futures rose 1.3%, indicating a flight to traditional havens. Solana (SOL) dropped 9.5% despite positive ETF developments, and derivatives data from Deribit shows increased demand for downside protection with BTC put/call ratio at 1.28. Spot BTC and ETH ETFs attracted net inflows of $939 million and $811 million respectively month-to-date, per Farside Investors, while Polymarket traders assign a 91% chance of Iranian retaliation this month.

According to Francisco Rodrigues, Bitcoin (BTC) declined 2.9% amid Israeli airstrikes on Iran, causing a global risk-off sentiment that led the CoinDesk 20 Index to fall 6.1%. SOL plummeted 9.5% despite earlier ETF optimism from SEC filing updates, as noted by Jake Ostrovskis. Derivative data from Deribit shows rising put/call ratios and negative funding rates, with Coinglass reporting $1.16 billion in liquidations, indicating heightened trader risk aversion.

According to Francisco Rodrigues, cryptocurrencies declined sharply due to heightened geopolitical risks from Israeli airstrikes on Iran, with Bitcoin (BTC) falling 2.9% and a broad crypto market index dropping 6.1% over 24 hours, as investors fled risk assets amid global market turmoil. Solana (SOL) tumbled 9.5% despite earlier ETF optimism, as Jake Ostrovskis of Wintermute noted SEC filing updates could accelerate approvals, but the conflict shifted focus to safe havens like gold. Derivatives data from Velo indicated open interest fell to $49.31 billion with defensive positioning, including rising BTC and ETH put/call ratios, while upcoming token unlocks for ARB, ZK, and APE may add selling pressure.

According to Francisco Rodrigues, cryptocurrencies declined sharply due to Israeli airstrikes on Iran heightening global risk aversion, with BTC falling 2.9% and the broad market index losing 6.1% over 24 hours. Jake Ostrovskis noted SOL rallied on SEC ETF filing updates but plummeted 9.5% amid tensions, while spot BTC ETFs saw $939 million in monthly inflows and ETH ETFs $811 million. Derivative markets showed increased demand for downside protection with BTC put/call ratio at 1.28, as per Deribit data.

According to Francisco Rodrigues, cryptocurrencies experienced sharp declines amid escalating tensions between Israel and Iran, with bitcoin (BTC) dropping 2.9% and a broad crypto market index falling 6.1% over 24 hours as investors fled risk assets. Solana (SOL) plummeted nearly 9.5%, erasing earlier gains fueled by Solana ETF speculation, while gold futures rose 1.3% highlighting a shift to traditional havens. Derivatives data from Velo indicates open interest dropped to $49.31 billion, and increased put/call ratios signal defensive positioning among traders.

According to Francisco Rodrigues, cryptocurrencies declined sharply with Bitcoin (BTC) falling 2.9% and a broad crypto market index dropping 6.1% over 24 hours, driven by Israeli airstrikes on Iran escalating geopolitical tensions and causing a risk-off sentiment among investors. Jake Ostrovskis, an OTC trader at Wintermute, reported that Solana (SOL) had rallied earlier on SEC ETF update speculation but has since tumbled nearly 9.5%, while ETF inflows showed $939 million for BTC and $811 million for ETH month-to-date. Derivatives data indicates increased downside protection, with put/call ratios rising to 1.28 for BTC and 1.25 for ETH, and open interest dropping to $49.31 billion from a peak above $55 billion, according to Velo and Deribit sources.