Bitcoin price falls under $71K as US-Iran war tensions spark sell-off
Bitcoin price sold off as negotiations to end the US-Iran war broke down and the Strait of Hormuz returned to the spotlight.
Bitcoin (BTC) fell 3% to trade below $71,000 into Sunday’s weekly close after negotiations to end the US-Iran war broke down.
Key points:
Bitcoin shed its gains as negotiations between the US and Iran broke down.