Bitcoin Loses Key SMA Support as Fresh US Strikes on Iran Lift Oil Prices, Fuel Risk-Off Sentiment

Bitcoin is down by 1.4% today, June 1, to trade at $72,700 at the time of writing. This drop comes after the US bombed military sites in Iran, and Iran retaliated by bombing a US air base, causing people to start selling because of panic. Bitcoin has now moved below the support at the 100