Bitcoin Hovers Around $69,000 as Trump's Iran Deadline Looms

Crypto markets retreated on Tuesday as President Donald Trump's self-imposed deadline for Iran to reopen the Strait of Hormuz drew closer, dampening risk appetite across global markets.

Bitcoin is trading at $69,200, according to CoinGecko, recovering from an intraday dip below $68,000 but still well off Monday's brief push above $70,000. Ethereum is changing hands at $2,112, while Solana trades at $82. XRP fell 1.6% to $1.32.

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