🚨 $BTC

BTC

66,458

-0.90%

dropped below $70K — but why?

Recent data shows rising oil prices due to Middle East tensions, which increased inflation fears and reduced risk appetite in global markets.

As a result, investors moved money away from risky assets like crypto.

At the same time, market liquidations and institutional outflows added more selling pressure.

Source: CoinDesk, Reuters, Investing

Rising oil prices → inflation fears → crypto sell-off

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