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Bitcoin falls below $68K, eyeing $55K as U.S.–Iran tensions and oil sanctions pressure crypto markets and investor sentiment.
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Ethereum, $XRP, Solana, Cardano, and Dogecoin drop 3–5% amid rising geopolitical risks and declining risk appetite.
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U.S. plans to cut Iran’s oil revenues spark fears of escalation, adding uncertainty to both traditional and crypto markets.
The crypto market turned red again after Bitcoin’s price failed to hold above $74,000. The drop came as tensions grew in the ongoing U.S.–Israel and Iran conflict. The situation further intensified after a White House official said the U.S. wants to cut off Iran’s oil revenues.
Other major cryptocurrencies, including ETH, $XRP, Solana, and…
