Bitcoin price ignores $168M Strategy BTC purchase as Iran tensions escalate

BTC price fell below the key $70,000 level as tensions between the US and Iran ramped up and a broad risk-asset sell-off liquidated late BTC long positions.

Bitcoin (BTC) dipped below $67,000 at Tuesday’s Wall Street open as risk assets responded to new geopolitical pressures.

Key points:

Bitcoin joins stocks in a geopolitics-driven sell-off at the start of the US TradFi trading week.

Read more