Bitcoin and the broader cryptocurrency market traded lower on Tuesday as escalating military tensions between the United States and Iran strengthened the U.S. dollar and reduced investor appetite for risk assets. Bitcoin (BTC), the worlds largest cryptocurrency by market capitalization, slipped to around $62,657 during Asian trading, down nearly 1% from midnight UTC, according to CoinDesk data. Other major digital assets also weakened, with Ether (ETH), XRP, and Solana (SOL) posting losses ranging from 1% to 2.3%. The decline followed a sharp rise in geopolitical uncertainty after the U.S…. Read more
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