Bitcoin’s price slipped to approximately $105,000 as market sentiment turned risk‑off due to escalating conflict between Israel and Iran. Investors shifted into safe‑haven assets, triggering a short‑term pullback in cryptocurrency prices
Meanwhile, momentum is building around U.S. federal legislation aimed at regulating stablecoins. A bipartisan stablecoin bill is making headway, targeting stricter guidelines and oversight—a move touted by officials as necessary for consumer protection and financial stability
The overall crypto market capitalization dropped alongside Bitcoin, as risk assets globally retracted in response to geopolitical uncertainty
