Bitcoin Slides to $75,000 After Holding Above $82,000, as Multiple Risks Stack Up

Bitcoin was above $82,000 in the prior business week before a sharp rejection pushed it down by more than $7,000 to a monthly low of $75,000 overnight. The pullback has been attributed to potential sell-side flows to exchanges, macro uncertainty tied to the incoming Fed chair, and renewed worries around U.S.–Iran military escalation.