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$BTC slid to $64,000 as two macro threats converged: Iran issuing threats against Israel and markets bracing for a Federal Reserve rate decision.
The combination pushed risk assets lower, with bitcoin caught in the crossfire alongside equities.
The Macro Pressure Points Geopolitical risk is one of the few forces that reliably pulls liquidity out of speculative assets fast, and an Iranian threat against Israel qualifies.
When that headline crossed, traders already on edge ahead of a Fed rate decision had a second reason to cut exposure.
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