Bitcoin price clings to $70,500 support after US-Iran talks collapse and oil spikes past $103

Bitcoin price fell during Asian trading hours after a weekend diplomatic push between Washington and Tehran broke down and a new US maritime order raised fresh concern over energy flows from the Middle East. This pulled the top crypto lower alongside equities, reinforcing the market’s sensitivity to oil, inflation, and broader risk sentiment. According to CryptoSlate’s data, the largest digital asset dropped from a w…