Iran-U.S. Tensions Slam Bitcoin to $77K Amid Oil Price Surge
Rising tensions between the United States and Iran have sent Bitcoin plummeting to $77,097, down 2.49% from 24 hours earlier.
The sudden escalation of hostilities in the Middle East triggered a classic risk-off environment, causing oil prices and U.S. Treasury yields to surge.
Major altcoins such as Ethereum, XRP, Solana, and Hyperliquid also posted significant declines, with Ethereum falling 2.94%.
The Fear & Greed Index compiled by CoinMarketCap dropped from 80 (Extreme Greed) a week earlier to 73 (Greed), indicating rapidly cooling market sentiment.