Bitcoin Price Falls Below $63K as Fresh U.S.-Iran Strikes Hit Markets
Renewed U.S. strikes on Iran and a $1.2 billion options expiry pushed Bitcoin lower as institutional ETF inflows offered only limited support.
- On Friday, Bitcoin fell below $63,000 as investors retreated from risk assets amid renewed U.S. military action against Iran, while around $1.2 billion in BTC options expired near that price level.
- Fresh strikes against infrastructure and military sites in southern Iran by U.S. forces intensified regional tensions, as Iran continued retaliatory attacks across the Gulf region.
- President Donald Trump alleged Chinese interference in the 2020 U.S. election, adding geopolitical uncertainty. China denied the allegations, while previous U.S. intelligence assessments found no evidence that Beijing changed the outcome.
- Asian equity markets fell sharply on Friday, with the MSCI Asia-Pacific index dropping 2.7%. A major selloff in technology and semiconductor stocks drove weakness as Japan and Taiwan recorded heavier losses.
- Bitcoin faces technical resistance after remaining inside the $60,000 to $65,000 range for over a month. Analysts warn that another rejection from this area could keep the cryptocurrency locked in consolidation.
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14 Articles
Cointelegraph
The New York LedgerBitcoin Drops Back to Its Local Range as Bear-Market History Repeats
Bitcoin continues to weaken with US stocks as US-Iran war pressures add to an existing tech sell-off, while BTC price action repeats bear-market moves.
The bitcoin (BTC) operates in fall on Friday (17), pressed by the worsening of the appetite for risk abroad. The high oil, in the midst of the war between the United States and Iran, returned to fuelling concerns with inflation, while the fall of actions linked to technology and artificial intelligence also weighed on more volatile assets. At around 11am, the bitcoin was traded at US$ 63,204.33, with a fall of 1.7% in the last 24 hours, accordin…
Bitcoin Price Under Pressure as Hormuz Risk Returns to Macro Stage
BTC is once again caught between geopolitical shock and structural accumulation, with bitcoin price under pressure as renewed U.S.-Iran strikes push traders toward the dollar and oil-linked hedges. The token held near $62,800 through the Asian session before recovering marginally, while Ether, XRP, and Solana tracked the move lower. The immediate catalyst was a fresh exchange of strikes between U.S. forces and Iran in and around the Persian Gulf…
Bitcoin Drops Back to Its Local Range as Bear-Market History Repeats - Invest In Crypto News
Bitcoin (BTC) dipped below $62,500 at Friday’s Wall Street open as stocks took a fresh hit from the US-Iran war. Key points: Bitcoin gives traders a sense of deja-vu as local highs spark rejection and rangebound moves continue.The US-Iran war pushes stocks and crypto lower.A bear-market trend line is now in place as resistance, copying historical patterns. BTC price action stays “very choppy” Data from TradingView showed BTC/USD extending losses…
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