BEARISH 📉 : Iran tensions push Bitcoin below $70,000 amid risk-off sentiment

Geopolitical tensions involving Iran are impacting global markets, including cryptocurrencies. Key points include:

Bitcoin's price dropped 2.3% after briefly surpassing $70,000, stabilizing around $68,100. See more at Holder.io.
The decline aligns with US and Israeli airstrikes on Iranian sites and fears of the Strait of Hormuz closure.
This situation has led to a broad sell-off across major cryptocurrencies like Ethereum and Solana, as investors shift to safer assets such as gold.
Concerns over higher oil prices and inflation could maintain high interest rates, pressuring speculative assets like crypto.
Short-term traders face potential losses if Bitcoin trends toward $60,000, while long-term holders remain in profit zones but cautious.