Morning Minute: Bitcoin Breaks Below $80,000 as Iran Fears Hit the Weekend
Summary
Bitcoin dipped below $80,000 over the weekend amid reports of U.S. personnel evacuations from Middle East posts as tensions with Iran rose, then stood at $80,160, down 2.4% for the week. Ethereum, Solana and the broader market also declined; most major altcoins have fallen more sharply than Bitcoin over the past month. Privacy coins bucked the weekly trend, with Zcash up 8% and Monero up 37%. The week ahead includes Fed, ECB and Bank of Japan decisions, U.S. economic data, Coinbase and Strategy earnings, and Robinhood’s earnings call, where its tokenization and blockchain plans may be discussed.
