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Bitcoin slides $3K from peak as crypto market turns red

Bitcoin slides $3K from peak as crypto market turns red

Bitcoin (BTC) has moved lower after failing to hold above its recent peak of $78,400. The asset slipped toward $75,000 following increased market pressure linked to geopolitical tensions in the Middle East.

Summary

  • Bitcoin rejected near $78,400 and fell toward $75,000 after geopolitical tension reports.
  • Altcoins including Ethereum, XRP, and BNB followed Bitcoin with broad market declines.
  • PI token, AAVE, and WLD recorded notable losses during overall crypto market correction.

Price action shows Bitcoin had earlier climbed from below $70,500 to a 10-week high. The move followed brief optimism around reported diplomatic progress between the United States and Iran….

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