Bitcoin Tumbles Below $104K as Israel Strikes Iran

Bitcoin BTC has substantially added to earlier losses, now down more than 4% over the past 24 hours to $103,900 as Israeli forces have bombed targets in Tehran, the capital of Iran.Axios first reported that Israel had conducted an operation inside Iranian airspace, citing unnamed sources, with Al-Jazeera later confirming that explosions were heard in Tehran.Israeli President Benjamin Netanyahu said his country has attacked Iran's nuclear program and ballistic missiles, and that the strikes will continue until the threat is removed.This comes hours after the International Atomic Energy Agency said that Iran was not complying with restrictions on enriched Uranium for the first time in two decades source: https://www.coindesk.com/markets/2025/06/12/btc-trading-under-104k-as-israel-appears-to-strike-iran