Bitcoin drops to $68,123 after slipping from $71,405 amid U.S.–Iran tensions

Bitcoin fell 3.6%, sliding from an intraday high of $71,405 to $68,123 around 2:15 p.m. EST, as U.S.–Iran tensions weighed on broader risk sentiment. The move cut bitcoin's market capitalization from $1.43 trillion to about $1.36 trillion and pushed the wider crypto economy's value down to $2.43 trillion.