Bitcoin's price drops to $68K due to Fed's hawkish stance, Middle East tensions, and ETF outflows. Here's why it's down today.

Bitcoin's price drops to $68K due to Fed's hawkish stance, Middle East tensions, and ETF outflows. Here's why it's down today.

Bitcoin price dropped under $66K amid surging oil prices and escalating U.S.-Iran tensions, raising inflation fears and uncertainty around potential Fed rate cuts.