- Bitcoin slips below $63,000 on Friday after three consecutive days of losses.
- Middle East tensions resurface as Israel continues missile strikes on Lebanon, while US and Iran cancel negotiation trip to Switzerland.
- Bitcoin Cash and Hyperliquid led losses over the last 24 hours.
The broader cryptocurrency market feels the weight of strained US-Iran negotiations, pushing Bitcoin (BTC) below $63,000 on Friday. Israeli missile strikes over Lebanon bend the first clause of the peace agreement, raising concerns over the renewed passage through the Strait of Hormuz. The bearish pressure in the crypto market extends to altcoins, with Bitcoin Cash (BCH) and Hyperliquid (HYPE) leading the losses over the last 24 hours.
