CoinEx Daily: Bitcoin Slips Below $71,000 on U.S Iran Tensions and Higher Oil Prices
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Daily View
Bitcoin is under pressure after sliding below the $71,000 area as escalating U.S.-Iran tensions and Trump’s reported blockade order lifted oil prices and widened risk-off sentiment across global markets. The broader crypto market remains fragile, with macro headlines dominating price action and analysts warning that war-related volatility could keep recovery attempts capped in the near term. Sector rotation is still active, with DeFi showing relative resilience after Aave’s governance victory and Solana meme/NFT activity surging.
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