The escalation of the situation in the Middle East has triggered turmoil in global financial markets, causing a setback in Crypto Assets prices.

Late Thursday night, Israel launched airstrikes on targets within Iran, an event that triggered turmoil in global financial markets, leading to a sell-off of risk assets, with Bitcoin prices subsequently falling.

The main impact of this event on investors' assets is as follows:

1. Bitcoin fell about 5% in the early trading session on Friday, dropping to around $102,900.

2. Risk aversion sentiment drives gold prices up, with spot gold briefly rising to $3,429.

3. The U.S. government stated that it is closely monitoring the situation, while oil and stock futures prices have also declined.

Israel's strike on Iranian military facilities has further escalated tensions in the Middle East, leading investors to sell off risk assets. Data shows that the price of Bitcoin has dropped from a high of $108,500 to around $102,900 within 24 hours.

The Israeli government has confirmed that the recent airstrikes targeted Iranian military sites near Tehran and Tabriz, stating that this is a "preemptive" action taken against the "growing threat." Israeli Prime Minister Netanyahu emphasized during a press conference on Thursday that Iran's nuclear program poses a "clear and present danger" and stated that this action will "last for several days, until the threat is eliminated."

As of now, Iran has not officially responded to the attack. However, Iranian state media reported explosions in the affected areas, leading to disruptions in air traffic. Previously, Israeli defense officials met with senior officials from the U.S. Department of Defense. The U.S. has not made any clear comments on the airstrike, only stating that it is closely monitoring the situation.

Crypto Assets investment expert Ryan McMillin stated: "The latest escalation of tensions between Israel and Iran is affecting risk assets and the oil market, but this situation is not uncommon." He added: "A similar incident occurred in April this year, leading to a sell-off in the Crypto Assets market over the weekend, but as the situation eased, the market quickly rebounded. These moments are often good opportunities to enter the market."

Another analyst, Jamie Coutts, shares a similar view, pointing out that Bitcoin is still seen as a risk asset in the eyes of short-term traders. However, in the long run, institutional investors' allocation strategies are gradually dominating its trend. He explained: "This is why Bitcoin will fluctuate with risk assets in the short term, but its long-term performance can surpass that of gold."

At the same time, risk aversion has driven spot gold prices to soar to $3,429. Meanwhile, U.S. futures prices have fallen due to investors' concerns about broader regional conflict risks.