Bitunix Analyst: War drives a rush for safe havens, BTC falls below 100,000, gold and oil prices fluctuate, market enters a high sensitivity mode.

BlockBeats News, on June 23, the United States airstrikes on Iran's Fordo and Natanz nuclear facilities, triggering Iran's retaliation against Israel, and the regional conflict heated up. The Houthis resumed attacks on US ships and threatened to blockade Hormuz, and the Iranian president condemned US aggression and vowed to retaliate. Risk sentiment rose sharply, with gold and oil prices opening higher before retreating, with BTC falling as low as $98,115 at one point. Bitunix analysts suggest that the escalation of the conflict in the Middle East may push up risk aversion, and cryptocurrencies are expected to become a safe haven for funds, which is more convenient to carry and trade than gold, and if the situation in the Middle East continues to deteriorate, the market will reprice safe-haven assets. In addition, if international politics heat up further, it may push BTC to challenge historical highs, but it is necessary to be aware of the risk of policy intervention and increased market volatility. In parallel with the spread of war and diplomatic mediation, it is recommended that investors dynamically observe the evolution of the situation and adjust their position allocation, respond to panic and bull stampede in the short term, reasonably control stop losses and risks, and do not need to panic excessively.

BTC-3.09%
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