BTC DROPS BELOW $100K FOLLOWING U.S. STRIKES ON IRAN

Summary from the TLDR Crypto newsletter

Crypto markets plunged after US strikes on Iranian nuclear sites triggered over $1 billion in liquidations within 24 hours, primarily from long positions, sending Bitcoin below $100,000 for the first time in 45 days. Altcoins suffered steeper losses, while the top 30 tokens by market cap held up best. Traders also braced for oil-price volatility after Iran's parliament hinted at closing the Strait of Hormuz. The nine-day BTC ETF inflow streak faces potential disruption amid the price drop.