Crypto

Bitcoin Drops Below $65K Amid Market Pullback and Middle East Tensions

724FinanceBerk Arıcan
Bitcoin Drops Below $65K Amid Market Pullback and Middle East Tensions

Bitcoin (BTC) has pulled back to $64,156 after hitting its monthly high of $65,500, losing 1.1% in the process. Ether (ETH) has also declined by 1.7%. Altcoins PUMP and ZEC have fallen 4.4% each, reflecting a lack of liquidity in the market. U.S. equities have retreated 0.25%, extending a 30-day downtrend. The war in the Middle East, with Iran's attacks on U.S. military bases and ongoing U.S. airstrikes, has been a key catalyst for price action. CEX trading volumes have risen for the first time in five months, with spot trading up 15.3% to $1.11T and RWA perpetual volumes hitting a record $311B.

Berk Arıcan

Financial Analyst: Berk Arıcan

Token Ekonomisi (Tokenomics) ve Altcoin Baş Araştırmacısı. Kripto projelerinin enflasyon oranlarını, kilit açılış (unlock) takvimlerini ve arz-talep dengelerini acımasızca eleştiren nicel (quant) analist.

Disclaimer: The investment information, comments, and recommendations contained herein are not within the scope of investment advisory. Investment advisory services are provided individually by authorized institutions, taking into account the risk and return preferences of individuals. The comments and recommendations contained herein are general in nature. These recommendations may not be suitable for your financial situation and your risk and return preferences. Therefore, making an investment decision based solely on the information contained herein may not produce results that meet your expectations.

© 2026 724Finance - All Rights Reserved.Original Source: CoinDesk