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Bitcoin dips near $64K amid Middle East tensions and $180M in futures liquidations.

Market News
17 Jul 2026
Dailycoin
View Source
Bearish
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Bitcoin fell from mid-$65,000s to low-$63,000s as geopolitical tensions between the U.S. and Iran escalated, triggering a risk-off sentiment in markets. Over $180 million in Bitcoin futures liquidations occurred, mainly hitting long positions near the critical $65K resistance level. Traders now watch key support around $61,800–$62,000, with a drop below $60,000 possible if tensions persist. The situation highlights Bitcoin's sensitivity to macro risk and the importance of cautious trading amid geopolitical uncertainty.

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