Bitcoin fell below $66,000 as a broader crypto sell-off resumed, with the total market cap declining 2.85% in 24 hours amid profit-taking and escalating geopolitical tensions in the Middle East.
Bitcoin retreated below $66,000 on February 27 as a renewed crypto market downturn took hold, driven by investor profit-taking and rising geopolitical risks in the Middle East. The broader digital asset market declined by 2.85% over the past 24 hours, reflecting a pullback after a recent relief rally lost momentum. The move underscores fragile market sentiment, with traders reacting to macro and geopolitical uncertainty while key technical levels remain in focus.