Iran Claims Strike on US Radar as Middle East Tensions Flare — BTC Below $70K
Iran's IRGC says it destroyed a US early-warning radar installation in Bahrain, in response to an alleged attack on a telecom tower in Sirik. The claim, reported by multiple outlets today, added fuel to an already brutal crypto sell-off.
BTC trades near $68,800, down ~7% in 24h and ~45% from its $126K October record. Over $1.3B in futures positions were liquidated in 24h — $677M in BTC longs alone. Fear & Greed sits at 20, extreme fear, with the dollar at a 19-month high and ETF outflows near $2B over three weeks.
Risk-off is dominating every market right now. Watch for escalation headlines — they are moving prices faster than any chart level.
$BTC #Bitcoin #Crypto #Geopolitics
Not financial advice.
Iran's IRGC says it destroyed a US early-warning radar installation in Bahrain, in response to an alleged attack on a telecom tower in Sirik. The claim, reported by multiple outlets today, added fuel to an already brutal crypto sell-off.
BTC trades near $68,800, down ~7% in 24h and ~45% from its $126K October record. Over $1.3B in futures positions were liquidated in 24h — $677M in BTC longs alone. Fear & Greed sits at 20, extreme fear, with the dollar at a 19-month high and ETF outflows near $2B over three weeks.
Risk-off is dominating every market right now. Watch for escalation headlines — they are moving prices faster than any chart level.
$BTC #Bitcoin #Crypto #Geopolitics
Not financial advice.
