Crypto Bulls Lose $310M as Bitcoin Falls to $61,481 on Middle East Escalation

08-Jul-2026 Bitcoin.com
Bitcoin daily chartA sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoin’s July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoin’s July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived […]
Also read: Binance Research: Stablecoin-Settled Perp Trading in TradFi Hits $1.1T
WHAT'S YOUR OPINION?
Related News