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Just checked the charts around midnight and Bitcoin's been under pressure lately. The whole market seems jittery with geopolitical tensions heating up—Iran hit a Saudi oil refinery, which spooked risk appetite across the board. U.S. stock futures are bleeding red, and crypto's following suit as investors pull back.
BTC is hovering around the mid-$70K range now, which is still solid compared to earlier dips. But the correlation with traditional markets is pretty tight right now. When oil tensions flare up, equities sell off, and crypto usually tags along. The morning session will probably be key to see if we stabilize or if there's more downside coming.
Geopolitical events like this remind me why diversification matters. When macroeconomic shocks hit, everything gets repriced at once.