Following U.S. military strikes on Iranian nuclear sites, the crypto market experienced over $1 billion in liquidations, with Bitcoin's price falling below $100,000 for the first time in 45 days. The majority of liquidations affected long positions, while altcoins saw the steepest declines amidst growing concerns over potential disruptions in global oil trade.

Bitcoin has dipped to $122,000, marking a 3% pullback from recent highs, while major altcoins like XRP and ADA experienced even greater declines. Analysts warn that the current crypto rally appears overheated, with strong BTC inflows and derivatives activity suggesting a potential short-term market shakeout. The pullback follows a significant surge in Bitcoin prices, raising concerns about sustainability and market stability.

Bitcoin's price has stabilized around $105,500 after a recent high of $111,800, with analysts expressing a cautiously optimistic long-term outlook. Key support levels are identified, and while institutional focus drives the market, altcoins are being overshadowed. There is uncertainty among traders about whether this is a temporary pause or the start of a new bullish trend.

Bitcoin has reached a new all-time high of over $125,000, driven by "Uptober" momentum despite a U.S. government shutdown. Analysts suggest that recent price movements may indicate an accumulation phase, with easing selling pressure from long-term holders and increased interest in decentralized assets.