Bitcoin Slides as US-Iran Tensions Weigh on Price

Bitcoin's price has been under pressure due to increased geopolitical tensions in the Middle East and weakening institutional demand. The cryptocurrency has struggled to maintain momentum above $65,000.

The latest decline coincided with renewed military exchanges between the US and Iran, prompting investors to reduce exposure to risk assets across global markets.

Institutional demand for Bitcoin has weakened compared to previous quarters, with spot exchange-traded funds (ETFs) experiencing net outflows of approximately 120,000 BTC in 2026.