US-Iran Tensions Weigh on Bitcoin as SEC Proposes New Crypto Rules

Bitcoin's price rose marginally on Tuesday to $64,617.4 as cryptocurrency markets remained under pressure due to U.S.-Iran tensions and a sell-off in U.S. Treasury bonds.

The bond market rout was driven by concerns over inflation and debt, with longer-end Treasury yields reaching their highest level since June 2007 at 5.335% on Tuesday.

The SEC proposed new rules for certain investment contracts involving crypto assets, aiming to create a framework for companies to raise capital while maintaining investor protections.