[Flash] Bitcoin Tumbles Below $79,000 as Rising Bond Yields and Inflation Worries Rattle Markets
Bitcoin has dropped below the $79,000 level, driven by a combination of rising U.S. bond yields and persistent inflation concerns. The broader crypto market is under pressure as investor risk appetite wanes. Meanwhile, escalating tensions involving Iran have added to global market uncertainty, with analysts noting that geopolitical risks are having a sustained impact on financial markets.