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Crypto Bulls Lose $310M as Bitcoin Falls to $61,481 on Middle East Escalation A sudden escalation in U.S.-Iran tensions and military exchanges halted bitcoins July rally, triggering a 3.5% drop below $62,000. Geopolitical Tensions Halt Bitcoin Uptrend Bitcoins July uptrend came to a screeching halt Wednesday, tumbling below $62,000 as escalating Middle East tensions sparked fears that the shaky U.S.-Iran ceasefire had unraveled. Market data shows bitcoin nosedived []
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