Bitcoin slides below $68,500 as Trump extends Iran deadline but war risks persist
coindesk|2026年03月27日 04:32
Every major is red on the day as the war enters its fifth week with no resolution, though ETF inflows of $2.5 billion over the past month and net exchange outflows suggest institutional accumulation beneath the surface.
What to know : Bitcoin slid about 3% to roughly $68,500 as another cycle of mixed Iran war headlines whipsawed markets for the fifth straight week. Major cryptocurrencies broadly declined alongside Asian equities, though Tron bucked the trend, while the overall crypto market cap still hovers above its 50-day moving average, which some analysts view as a bullish sign. Despite the price weakness, bitcoin ETFs have seen about $2.5 billion in net inflows over the past month, with BlackRock reporting that institutional investors are concentrating in bitcoin and ether ahead of an early April deadline on Iran-related developments.
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