Orbit Markets Founder: The expected support level is around $101,000, but political news will drive price movements in the short term

ChainCatcher news, according to Jin10 data reports, on June 13, after Israel's airstrike on Iran, Bitcoin and other cryptocurrencies significantly depreciated.

Caroline Mullen, co-founder of the crypto derivatives liquidity provider Orbit Markets, stated: "Cryptocurrencies reacted negatively to the news of Israel's attack on Iran, consistent with major risk assets. We expect to see technical support around $101,000, but geopolitical news will drive price movements in the short term."