Bitcoin dipped below $70,000 for the first time in almost two months, as concerns about the conflict in Iran and selling by major holder Strategy Inc. dented investor appetite.
The largest cryptocurrency dropped as much as 3% on Tuesday to its lowest level since April 8, and traded at around $69,500 at 6:30 a.m. in New York. Other cryptocurrencies like Ether and Solana fell across the board.
US equities futures also slipped after more than a week of gains, as the lack of major progress towards a peace deal with Iran weighed on risk assets. President Donald Trump is struggling to make headway toward an agreement, leaving traders to parse confusing signals about the likelihood of a lasting ceasefire.
