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Bitcoin rebounded after falling below $99,000.
According to Gate News bot, Coin Journal reported that on June 23, Monday, during the early trading session in Asia, the price of Bitcoin exceeded 101,000 USD.
Previously, after U.S. President Donald Trump announced military strikes on three major nuclear facilities in Iran, cryptocurrency prices fell below $100,000 for the first time since May, while the price of Ethereum (ETH) experienced a significant drop followed by a rebound.
The raid that occurred on Saturday, June 21, triggered widespread risk-averse sentiment in the digital asset market. Panic selling over the weekend intensified, leading to a significant drop in Bitcoin prices.
As geopolitical tensions may escalate, analysts are closely monitoring their potential impact on cryptocurrency prices and global financial markets.