Why is Bitcoin crashing today?
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- Bitcoin fell below $68,000 as markets braced for President Trump’s 17-hour deadline on Iran and the Strait of Hormuz.
- Gold dropped into a bear market, down 22% from its record high, while gold and silver wiped out about $2 trillion in combined market value in just three hours.
- The bigger pressure point looks like the 10-year Treasury yield, which hit 4.40% after rising 45 basis points in three weeks, adding stress across risk assets.
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