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$BTC dropped to $64,000 as geopolitical pressure from Iran's threats against Israel compounded existing anxiety over the Federal Reserve's pending rate decision, according to Yahoo Finance.
The confluence of macro and military risk landed squarely on crypto markets, pulling Bitcoin off higher ground.
Geopolitical Shock Hits Risk Assets Iran's threats directed at Israel rattled investors already positioned defensively ahead of a Fed policy announcement.
Bitcoin, which often trades as a hybrid risk asset and inflation hedge, bore the weight of both narratives simultaneously.
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