Iran freezes US negotiations, demands end to Israeli attacks and threatens Strait of Hormuz closure. Bitcoin drops below $73K amid nearly $1B in liquidations.

US strikes on Iranian air defenses near the Strait of Hormuz sent Bitcoin below $73K, triggering nearly $1B in crypto liquidations as geopolitical tensions escalate.

Iran halted US-mediated peace talks after Israeli strikes on Beirut, keeping the Strait of Hormuz blockaded and rattling Bitcoin markets as Iran launches crypto insurance platform.