Bitcoin dropped below $77,000, extending a decline from around $78,000 and marking its lowest level in more than two weeks as traders reduced exposure amid rising geopolitical risk tied to US-Iran tensions. Trump warned that the "clock is ticking" for Iran and threatened severe consequences, while the latest report said heightened tensions were undermining investor confidence in Bitcoin’s stability and near-term upside potential. At the same time, oil perpetual futures on Hyperliquid rose to $106, underscoring how geopolitical stress and energy-market volatility were spilling into crypto and crypto-native derivatives markets as broader risk sentiment deteriorated.