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Bitcoin drops over 1% amid bond rout and Iran tensions

Original: Bitcoin falls over 1% as risk sentiment takes a hit from bond rout, Iran tensions

Bitcoin fell more than 1% as risk appetite weakened across markets, with a global bond sell-off and rising tensions involving Iran weighing on investor sentiment. The decline put the cryptocurrency alongside other risk assets retreating amid macro uncertainty, and traders are watching whether the pressure continues into the next sessions.

Why now: A bond rout and Iran-related geopolitical tensions are simultaneously hitting risk assets, prompting investors to reassess positions including crypto.

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