Bitcoin tumbles under $69K
Bitcoin slid below $69,000 as traders priced in contagion risk from the Israel–Iran–US escalation unfolding this week. (x.com) The move underscored how geopolitical shocks are nudging crypto volatility even as ETFs and institutional flows dominate headlines. (x.com)
Bitcoin hit an intraday low near $68,150 — a slide of about 3.3% at one point — marking its weakest levels since early March amid the latest Middle East exchanges of threats. (bloomberg.com) The price move accelerated after U.S. and Israeli officials traded new threats with Iran and President Trump issued a 48‑hour ultimatum tied to strikes on Iranian infrastructure, actions markets flagged as immediate catalysts. (coindesk.com) Energy markets roiled in parallel: Brent crude briefly spiked to roughly $119 per barrel this week after strikes on regional oil and gas facilities, a shock that analysts say tightened risk appetite across traded assets. (bloomberg.com) Derivatives markets amplified the downturn — more than $400 million of crypto futures were liquidated over the weekend, with the bulk of wipeouts hitting long positions as BTC broke key short‑term supports. (coindesk.com) Institutional flows have remained a dominant theme even amid the selloff: Santiment data show four of the largest-ever daily Bitcoin‑ETF trading volumes clustered in the past month, led by $31.6 billion on March 2 and $23.2 billion on February 23. (cryptopotato.com) Spot ETF flows have stayed active week‑to‑week — U.S. spot Bitcoin ETFs posted a $167.2 million net inflow on March 24, led by BlackRock’s IBIT, even as volatility produced intermittent outflows and heavy repositioning. (ainvest.com)
