Bitcoin recently experienced a notable drop, plunging 11% from $110K to $98K due to geopolitical tensions involving Iran, Israel, and the U.S. Despite this dip, institutional investors remain confident. On Monday, Bitcoin quickly rebounded by 3%, showcasing resilience in the market. Several large investors, often referred to as whales, have taken advantage of the lower prices, purchasing Bitcoin as they remain optimistic about its long-term potential. The market’s reaction to geopolitical events underscores the interplay between global politics and crypto prices, as institutions continue to play a critical role in market dynamics.