Bitcoin (BTC) Slides Below $64K as Middle East Tensions and Tech Selloff Shake Markets
The post Bitcoin (BTC) Slides Below $64K as Middle East Tensions and Tech Selloff Shake Markets appeared on BitcoinEthereumNews.com. Key Highlights BTC declined 1.4% to $63,305 following U.S. military action targeting Iranian assets Crude oil surged more than 5% amid escalating tensions in the Strait of Hormuz region Technology sector experienced significant losses, with Micron plummeting over 9% Spot Bitcoin ETFs attracted $265.7 million in net capital on Monday Technical analyst Ted Pillows cautions that breaking below $62,500 may trigger a slide to $60,000 Bitcoin retreated to approximately $63,000 on Tuesday following U.S. military operations targeting Iranian positions. The escalation followed incidents involving three commercial oil tankers in the vicinity of the Strait of Hormuz. Bitcoin (BTC) Price U.S. Central Command characterized the military response as retaliation for Iranian hostile actions directed at civilian shipping vessels. Three tankers sustained damage—two from pro