Bitcoin fell toward $65,000 on Friday, experiencing a nearly 5% dump to $66,484, its lowest price since the beginning of the month. This decline was not due to a crypto-specific shock but rather global geopolitical tensions. A Donald Trump announcement of a 10-day postponement on plans regarding Iran's energy plants rattled global markets, causing Brent crude to rise and US 10-year Treasury yield to climb. This macro pressure led to investors cutting exposure to risk assets. The price action resulted in nearly $200 million in liquidations for crypto traders, primarily long positions, according to CoinGlass data. Analysts at Bitunix note that BTC is acting as a "reflector of liquidity structure," trading within a $65,000–$72,000 range.

Bitcoin fell toward $65,000 on Friday, experiencing a nearly 5% dump to $66,484, its lowest price since the beginning of the month. This decline was not due to a crypto-specific shock but rather global geopolitical tensions. A Donald Trump announcement of a 10-day postponement on plans regarding Iran's energy plants rattled global markets, causing Brent crude to rise and US 10-year Treasury yield to climb. This macro pressure led to investors cutting exposure to risk assets. The price action resulted in nearly $200 million in liquidations for crypto traders, primarily long positions, according to CoinGlass data. Analysts at Bitunix note that BTC is acting as a "reflector of liquidity structure," trading within a $65,000–$72,000 range.