Bitcoin Slides to $77,614 as US and Israel Weigh New Strikes on Iran
🔴 Tension RisingBitcoin News2026-05-16
Bitcoin fell as fears of potential U.S. and Israeli military strikes against Iran intensified, triggering a sharp sell-off in the crypto market. Rising geopolitical tensions and a surge in oil prices to over $105 per barrel contributed to the market downturn. Investors are closely monitoring the situation amid concerns about a prolonged conflict and further oil price increases.