Bitcoin Near $68.5K as Iran Conflict Pushes Oil Above $100
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Bitcoin recovered to around $68,500 on Monday after briefly dipping below $66,000, as escalating conflict in Iran pushed oil prices above $100 per barrel and rattled global markets. The geopolitical shock sent investors into risk-off mode across multiple asset classes. Nearly $370 million in leveraged crypto positions were liquidated during the volatility over the past 24 hours. Oil Prices Surge Amid Iran Conflict The catalyst came from a dramatic spike in energy prices tied to the intensifying conflict around Iran and the Strait of Hormuz, one of the world’s most critical energy chokepoints. Brent crude surged nearly 19% at
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