Recent international events have significantly impacted the Bitcoin market, causing declines in its price and increased liquidations.
Escalating Geopolitical Situations
Last week, after the escalation of the conflict between the US and Iran, investors began to express concerns. The tension in the region led to a decrease in bullish sentiment around Bitcoin, which was previously near the $104,000 level.
Surge in Liquidations and Bitcoin Pressure
Expectations for Bitcoin's recovery competed with investor discontent, leading many to pull liquidity from risk-on assets. Over the last 24 hours, liquidations of Bitcoin long positions surged above $127 million, indicating prior recovery anticipations among many investors.
Berkshire Hathaway's Position and Market Impact
Berkshire Hathaway continues to accumulate cash, increasing its reserves to $347 million in 2025. Analysts consider this preparation for potential market downturns. Amid growing geopolitical instability, such actions may reflect a more negative market trend for cryptocurrencies.
Geopolitical risks pressure the market, and despite institutional support, there exists a high likelihood of declining Bitcoin prices.