Bitcoin Drops Again. WHY????

Bitcoin is facing pressure from both geopolitical tensions and on-chain movements. The market reacted after Bhutan transferred another batch of BTC—adding to the $700M+ it has moved this year—while reports of the US considering sending 10,000 troops to the Middle East sparked broader risk-off sentiment.

As tensions around Iran pushed oil prices higher and investors rotated out of risk assets, BTC slipped below $68,000 and total crypto liquidations crossed $300M. Altcoins like Ethereum and Solana also saw sharp drops, with traders now closely watching the $65,000 level as the next major support.
#Bitcoin #BTC #Bhutan #Geopolitics #CryptoCrash #CryptoNews #crypto #defi #web3 #Iran
Bitcoin Drops Again. WHY???? Bitcoin is facing pressure from both geopolitical tensions and on-chain movements. The market reacted after Bhutan transferred another batch of BTC—adding to the $700M+ it has moved this year—while reports of the US considering sending 10,000 troops to the Middle East sparked broader risk-off sentiment. As tensions around Iran pushed oil prices higher and investors rotated out of risk assets, BTC slipped below $68,000 and total crypto liquidations crossed $300M. Altcoins like Ethereum and Solana also saw sharp drops, with traders now closely watching the $65,000 level as the next major support. #Bitcoin #BTC #Bhutan #Geopolitics #CryptoCrash #CryptoNews #crypto #defi #web3 #Iran
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