Bitcoin slips nearly 3% to $68K as Iran rejects US proposal, adding fresh uncertainty to markets

Bitcoin and Ethereum saw a dip of nearly 3% in the last 24 hours. Major altcoins also experienced declines. Geopolitical tensions and inflation concerns are impacting market sentiment. Analysts suggest caution and waiting for a stronger move above $70,000 for Bitcoin. Institutional accumulation is helping absorb selling pressure, but overall sentiment remains fearful.