$BTC Bitcoin (BTC) sliding to the $70,000 range. The conflict, marked by military escalations and growing international concern, has led investors to adopt a risk-off approach, seeking safer assets amidst uncertainty.

While Bitcoin has often been viewed as a hedge against inflation and economic instability, heightened global conflict tends to push investors toward traditional safe havens like gold and the U.S. dollar. As a result, BTC, which recently traded above $72,000, has slipped back into the $70K zone.