Bitcoin Price Drops Below $75,000 Amid Global Tensions

Bitcoin's price has dipped below the $75,000 mark for multiple days in a row, returning to a price range seen as early as February. The most recent selloff occurred on Saturday, following a threat from U.S. President Donald Trump to 'obliterate' Iran's power plants.

The CME gap left by this weekend's price action could be filled if bitcoin recovers to $70,000 on Monday. This would indicate that investors are looking for a rebound in the cryptocurrency's price.