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Bitcoin drops toward $65k after new Trump Iran delay sends oil higher, triggering $200M wipeout

Bitcoin fell back toward $65,000 on Friday as investors cut exposure to risk assets after another round of Middle East tensions kept oil prices elevated, pushed Treasury yields to their highest levels in months, and lifted the dollar. According to CryptoSlate’s data, BTC dumped nearly 5% to around $66,484, its lowest price since the beginning of the month. This continues a trend in which the top crypto repeatedly fai…

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