Bitcoin slipped into the mid-$76,000s and stayed below $77,000 as Iran-related escalation fears hit sentiment, with bullish traders losing $17.3 million amid heightened geopolitical volatility.
Bitcoin fell into the mid-$76,000 range and remained below $77,000 after Iran threatened to open new military fronts despite President Donald Trump’s pause, according to the provided updates. The move was linked to rising geopolitical tension and coincided with $17.3 million in losses for long traders, showing how macro uncertainty and forced unwinding of leveraged bullish positions can intensify short-term crypto market weakness.