Bitcoin slips below $76,500 as U.S. strikes on Iran send oil above $93

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Bitcoin slid below $76,500 after U.S. strikes on Iran pushed oil above $93. The geopolitical escalation prompted risk-off sentiment and heavier selling in risk assets, boosting volatility in crypto markets. Key implication: such shocks can quickly pressure Bitcoin, reinforcing its short-term correlation with broader risk assets and increasing the likelihood of tests of nearby technical support.

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