Bitcoin tumbles below $64,000 amid risk reset. The world's largest cryptocurrency fell over 5% on Tuesday, dropping as low as $62,964 before recovering slightly to trade 1.5% lower at $63,290. Analysts attribute the decline to tactical de-risking rather than a structural crypto crisis, with escalating tariff tensions and geopolitical risks driving broader risk-sentiment pullback across markets. Geopolitical concerns, particularly U.S.-Iran tensions and military deployments in the Middle East, have intensified investor caution. Bitcoin remains highly sensitive to global liquidity conditions and financial tightening signals. The cryptocurrency has declined 27% year-to-date and lost 50% since reaching $125,000 in October. Ether fell 1.6% to $1,826, while spot gold slid 1.1% to $5,172 per ounce, reflecting widespread risk-off sentiment across asset classes.
