Markets· ★★★★· bearish·

Bitcoin drops below $81,000 as Middle East tensions and oil spike hit crypto

  • —BTC fell 2.16% to $81,708, briefly dipping to $80,507
  • —ETH lost 4.24% to $2,465; SOL dropped 5.97% to $109.30
  • —24-hour liquidations reached $1.14 billion, including $270 million in BTC longs
  • —About $487 million exited spot bitcoin ETFs
Why it matters: Rising oil and US bond yields are pressuring risk assets; holding $81,000 will determine whether the liquidation wave continues.
Source: Blockmedia