Why is Bitcoin down today? Saudi petrochemical industrial facilities were hit, and Trump issued an ultimatum to Iran
Bitcoin (BTC) fell to about $68,800 on April 7, driven by geopolitical risks in the Middle East and Trump’s hardline remarks toward Iran. The Saudi explosion incident boosted global safe-haven sentiment, and technical indicators showed overbought pressure. In addition, Bitcoin’s key support lies in the $67,500 to $69,500 range; if it breaks below $66,000, the risk will widen to $64,000. Several analysts believe the pullback is more like a healthy correction rather than a trend reversal.
BTC-0,38%
MarketWhisper·7m ago



