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Bitcoin dips below $63,000 as Iran airstrikes lift risk uncertainty

The drop extended Thursday’s nearly 1.4% slide, with bitcoin trading just under its 50-day simple moving average.

Reported · Written up by our desk · Market Structure

Bitcoin fell below $63,000 as fresh U.S. airstrikes on Iran weighed on broader risk sentiment, according to CoinDesk data.

The article said Asian markets also slipped, with Japan’s Nikkei trading nearly 3% lower and Australia’s ASX 200 down 0.5% alongside weaker futures tied to the Nasdaq.

CoinDesk reported that Trump’s new allegations of Chinese interference in the 2020 U.S. election also pressured sentiment, pushing the Australian dollar lower as investors focused on potential strains ahead of Trump’s September meeting with Xi.

Despite the geopolitical stress, the report said WTI oil futures held steady around $79 per barrel, while bitcoin was last described as trading just below its 50-day simple moving average, a gauge of near-term momentum.

Latest closeWTI crude $79.00 ▼0.8%|Bitcoin $62,836.57 ▼1.5%|Nasdaq Comp. 25,881.95 ▼1.5%

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