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Bitcoin's price fell below $77K, with over $600M in crypto liquidations and $648M in net outflows from US spot Bitcoin ETFs, amid rising US bond yields and inflation fears. The Crypto Fear & Greed Index plummeted to 25, indicating extreme fear. US-Iran tensions also contributed to the market volatility.

The crypto market experienced a downturn with Bitcoin falling below $77,000 due to US-Iran geopolitical tensions and inflation concerns. The US CLARITY Act is advancing, prompting caution toward new regulations. Bitcoin ETFs recorded $1 billion in weekly outflows.

Bitcoin sees robust ETF inflows, holding ~$81K despite resistance, while Ethereum unstaking queue spiked after recent DeFi hacks and geopolitical easing lifts risk assets. The Crypto Fear & Greed Index remains neutral as institutional interest grows. Geopolitical easing has a positive impact on risk assets.

The Fed maintained interest rates, but crypto markets remain bearish with a sentiment score of 27. Bitcoin's spot trading volume reached 2023 lows, while US-Iran tensions and the UAE's exit from OPEC added volatility to energy markets.