The cryptocurrency market remained under pressure on Friday as escalating geopolitical tensions in the Middle East weighed heavily on investor sentiment. Bitcoin (BTC) slipped below the $63,000 mark, while major altcoins also recorded losses, with Bitcoin Cash (BCH) and Hyperliquid (HYPE) among the worst performers over the past 24 hours. Geopolitical risks fuel market uncertainty Market sentiment deteriorated following renewed concerns surrounding US-Iran relations and rising tensions involving Israel and Lebanon. Reports of Israeli missile strikes over Lebanon have raised fears of further instability in the region, particularly regarding the security of the Strait of Hormuz, a critical global energy shipping route.
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