Bitcoin experienced its lowest point since the start of the Iran conflict, dropping over 5% to below $62,000. This decline follows Strategy Inc.'s sale of Bitcoin holdings, shattering market confidence. Renewed Middle East tensions and significant outflows from Bitcoin ETFs further pressured the cryptocurrency.

Bitcoin fell below $71,000 for the first time since April 13 as ETF outflows, whale distribution, and macro uncertainty pressure the crypto market.

Bitcoin slipped near the $70,000 mark, hitting a seven-week low as escalating US-Iran tensions triggered risk-off sentiment across global markets. More than $744 million in crypto…