Bitcoin falls below $99K amid Middle East tensions; Altcoins drop up to 4%

Bitcoin briefly dipped below $99,000 amid escalating Middle East tensions and risk-off sentiment, impacting the broader crypto market. Altcoins also experienced sharp declines, with investors closely monitoring the U.S. Federal Reserve's response to rising oil prices. Despite the downturn, some analysts see signs of accumulation and potential for a rebound if geopolitical tensions ease.