$BTC $ETH The easy read is: U.S.-Iran escalation hit crypto, so Bitcoin failed as a macro hedge. My read is different. BTC is down 2.38% in 24h near $61,946, ETH is down 2.41% near $1,739, but SOL is down 5.54% and XRP is down 4.01%. That is not a clean hedge debate. It is leverage being cut from higher-beta coins first.
The level I care about is the $61,743 BTC 24h low. If price keeps accepting below it, the headline becomes a trend problem. If BTC holds above it while alts stay heavy, the message is narrower: collateral survived, beta got repriced.
Keepable read: geopolitical shocks usually hit leverage before they rewrite the BTC thesis.
#USLaunchesNewStrikesAgainstIran #BitcoinTradesLower #OilRises5%OnUSIranTensions