Bitcoin falls to around $66,000 as Middle East uncertainty grows [Crypto Briefing]

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According to The Financial News, Bitcoin fell to around $66,000 on the 9th as geopolitical uncertainty stemming from the Middle East intensified.
Global crypto data platform CoinMarketCap reported that as of 10:05 a.m. that day, Bitcoin was trading at around $66,000, down 1.18% over the previous 24 hours. Over the past week, Bitcoin has slipped 0.24%.
In the Korean won market, Bitcoin is trading at around 98 million won. Based on global crypto market comparison platform Cryprice, the Korea premium stands at -0.69%.
As signs emerge that the military standoff between the United States, Israel and Iran could drag on, overall market sentiment has weakened. On the 8th (local time), Iran selected Mojtaba Khamenei, the second son of the late Supreme Leader Ayatollah Seyyed Ali Hosseini Khamenei, as the next supreme leader.
Fears that the situation could become prolonged are also driving a sharp rise in international oil prices. The Strait of Hormuz, a key chokepoint for global crude shipments, is currently closed. Brent crude oil futures, the global benchmark, were trading at $109.07 per barrel at the same time, up 16.38% from the previous session.
The Crypto Fear and Greed Index provided by CoinMarketCap stood at 17 that day, indicating "extreme fear," unchanged from the previous day. The index ranges from 0 to 100, with readings near 0 interpreted as "extreme fear" and those near 100 as "extreme greed."
At the same time, Ethereum was trading around $1,951, down 0.86% from the previous day. Ripple (XRP) was at about $1.35, a decline of 0.35%.
yimsh0214@fnnews.com Im Sang-hyuk Reporter