Bitcoin Slips 1% as U.S.-Iran Tensions Drive Oil Prices Higher

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Bitcoin declined by nearly 1% amid rising geopolitical tensions between the United States and Iran. The drop came as the U.S. carried out strikes on Iranian crude oil carriers, escalating hostilities between the two nations. The military action triggered a rise in global oil prices, reflecting market anxiety over potential supply disruptions. Investors appeared to shift sentiment in response to the heightened conflict, weighing on cryptocurrency markets.

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