37m ago
Bitcoin slides to $79,679 amid US-Iran Strait of Hormuz risk-off, eyes $85,000 level
Bitcoin (BTC) fell 1.7% to $79,679 on Friday after risk-off trading followed reported US strikes on Iranian vessels in the Strait of Hormuz. Even with the pullback, BTC was still up about 3% on the week, leaving a sixth straight weekly gain in view. Traders are watching whether price can reclaim $83K–$85K into the weekly close while $79K holds as key support.