BTC tumbles to $62K as escalating U.S.-Iran conflicts threaten an energy crisis, sending oil prices up 4.5% and shaking global risk assets.

Bitcoin held near $63,000 as the US launched a third round of Iran strikes, Tehran closed the Strait of Hormuz and Brent crude surged 4.5% at the open.

Bitcoin sees "massive" shorting as $62,000 risks failing as support and stocks turn red on US-Iran tensions over the Strait of Hormuz.