Bitcoin’s price has dropped significantly as the new week begins, breaking below the critical 105,000 mark. This downturn is influenced by rising uncertainties related to the ongoing conflict in the Middle East. The mood in the crypto market remains bleak, with many analysts predicting that Bitcoin may not achieve new all-time highs after failing to reclaim the 111,000 level. Investor confidence appears shaky, with heightened caution shaping market reactions. Amid these challenges, keeping abreast of global events and their impact on cryptocurrency performance is crucial for investors navigating this volatile market.