Bitcoin slipped below $69,000 on Friday as investors weighed a mix of macroeconomic developments and escalating geopolitical tensions in the Middle East.

The world’s largest cryptocurrency fell as much as 4.2% during the session, extending a volatile week for digital assets.

Market participants reacted to weaker-than-expected US labour data while also monitoring the intensifying conflict involving Iran.

The downturn in crypto prices reflected a broader shift toward caution as traders reassessed risk exposure across asset classes.

Altcoins track Bitcoin lower

Losses were widespread across the cryptocurrency market.

Ethereum fell nearly 5% to $1,986.89, while XRP declined about 5% to $1.36.

Other major tokens also posted notable losses….