Bitcoin slipped to a two-week low on Friday as roughly $300 million in long positions were liquidated, intensifying a broad risk-off move across crypto and traditional markets. BTC traded around $65,823.52, falling below $67,000, while ether edged closer to the $2,000 mark. The CoinDesk 20 Index (CD20) fell 2.2% since midnight UTC, touching its weakest level since March 9. The sell-off came alongside weakness in U.S. equities: Nasdaq 100 futures traded near 23,760, about 10% below this year’s January high. Traders linked the risk-off sentiment to rising oil prices and renewed concern that the conflict in Iran may not de-escalate quickly. Brent crude and other benchmarks remain above $100 per barrel, feeding inflation worries and pressuring risk assets. Parts of the altcoin market were hit harder. ETHFI tumbled about 6% since midnight, while WLD, WIF, SEI and FET each dropped between roughly 3.6% and 4.7%. The combination of leveraged positions, macro pressure from energy and geopolitical risk, and cross-market correlations suggests volatility could persist. Traders will likely keep a close eye on oil, equity futures, and liquidation flows for signs of stabilization or further downside. Read more AI-generated news on: undefined/news