Bitcoin drops below $76,500 as U.S. strikes on Iran push oil above $93
Source Summary
Bitcoin declined 1% since midnight, falling below $76,500, as geopolitical tensions drove Brent crude above $93 per barrel and U.S. Treasury yields climbed toward 4.8%.
Why it matters
Cryptocurrency markets are responding to geopolitical risk and rising interest rates, which typically reduce demand for risk assets.
