Crypto in Crisis: Geopolitics, Whales, and the Road to Recovery ■
Bitcoin retraced to around $68,700 after briefly touching $74,000, with whales dumping roughly 66% of their recent accumulation as retail traders bought the dip — a pattern that typically signals the correction isn't over. Escalating Middle East tensions, including Israeli strikes on Tehran and Iranian drone attacks, triggered a dollar surge and broad risk-off selloff across crypto and equities. Despite the fear, Strategy purchased an additional 3,015 BTC, bringing its total holdings above 720,000 BTC, while Citi plans to launch institutional Bitcoin custody services in 2026, signaling growing Wall Street confidence in digital assets.