Bitcoin Slides Under $64,000 After Reported Israel Strikes on Iran Spark Over $100M Long Wipeout
Bitcoin fell below $64,000 after reports of Israeli strikes on Iran coincided with sharp liquidations in leveraged crypto positions. The price dropped to around $64,027.54, with over $100 million in long positions reportedly cleared in minutes as key support near $65,000 failed. Traders are now watching whether Bitcoin can reclaim the prior breakdown zone after recent geopolitical headlines and rising volatility.