$BTC Bitcoin faced selling pressure today, dropping below the$BTC $74,000 level as geopolitical risks resurfaced in the Middle East. Iran reportedly rejected a second round of US peace talks and reimposed controls on the Strait of Hormuz, pushing oil prices higher and triggering caution in risk assets like crypto.
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Traders are watching closely as BTC hovers around $74,000–$75,000, with some on-chain data signaling profit-taking near key resistance. Despite the pullback, longer-term sentiment remains supported by institutional interest and ETF flows.
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