Bitcoin hovered near a two-week low, dropping to $67,371 before stabilizing
around $68,000, a key 200-week support level. The move reflects broader risk-off
sentiment amid escalating Middle East tensions after President Donald Trump’s
ultimatum to Iran over the Strait of Hormuz. Analysts cite geopolitics and
rising oil prices as triggers. Bitcoin has been less impacted than traditional
assets, with gold down sharply and nearly erasing its yearly gains.