Bitcoin Crashes Below $73K as US-Iran Strikes Spark Global Risk-Off - Tekedia

Bitcoin fell below $73,000 after fresh U.S. strikes on Iranian targets intensified Middle East tensions and triggered a broader risk-off move.

Nearly $1 billion in leveraged crypto positions were liquidated as Bitcoin, Ethereum, Solana and XRP sold off alongside other risky assets.

Oil prices climbed on fears of supply disruption, especially around the Strait of Hormuz, adding pressure on global markets.

Analysts said the move also reflected existing technical weakness, with key Bitcoin support now seen around $70,000 to $72,000.