Bitcoin Drops as Geopolitical Tensions and Historic Oil Supply Shock Rattle Global Markets
Bitcoin dropped to around $68,000 as geopolitical tensions and a historic oil supply disruption rattled global markets, pushing investor sentiment into extreme fear (Fear & Greed Index falling to the 13–29 range). The decline comes amid escalating uncertainty driven by former U. S. President Donald Trump’s dual-track strategy toward Iran—combining military pressure with negotiations—which has heightened geopolitical risk
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