US Strikes Iran, Oil and Yields Rise, Bitcoin Dips Below $76.5K

This is a textbook risk-off reaction where traditional haven-adjacent assets like oil and Treasuries see yield shifts, while crypto trades like a risk asset rather than a digital gold. The significance lies in Bitcoin's sensitivity to geopolitical shocks, reinforcing its current correlation with macro risk sentiment over its narrative as an inflation hedge. For market watchers, the key question is whether this dip marks a temporary flight to safety or a more sustained repricing if tensions escalate further. The interplay between oil-driven inflation expectations and crypto's liquidity dynamics will be the axis to monitor.