Bitcoin Falls to $67,000 as Middle East Tensions Escalate [Crypto Briefing]

[Financial News] Bitcoin fell to around $67,000 on the 23rd as the crisis in the Middle East worsened.
According to global crypto data platform CoinMarketCap, Bitcoin was trading around $67,000 as of 10 a.m., down 2.08% over the past 24 hours. Over the last week, Bitcoin has dropped 6.90%.
In the KRW market, Bitcoin is trading at around 101 million won. Based on data from global crypto market comparison platform Cryprice, the Korea premium stands at -0.67%.
Concerns that the Middle East conflict could drag on appear to be fueling a stronger aversion to risk assets. On the 21st (local time), U.S. President Donald Trump warned that if Iran does not reopen the Strait of Hormuz within 48 hours, he will order strikes on power plants inside the country.
Lee Sang-yeon, a researcher at Shinyoung Securities, said, "Even as the deadline set by President Trump approaches, the situation is moving toward escalation rather than an end to the war," adding, "Volatility is likely to increase further over the weekend as Trump appears to be preparing to shift to a blitz strategy."
CoinMarketCap’s "Crypto Fear and Greed Index" stood at 25 on the day, signaling "fear," a sharp drop from 45 a week earlier, which indicated a "neutral" mood. 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 $2,040, down 2.35% from the previous day. Ripple (XRP) was at about $1.37, a decline of 2.39%.

yimsh0214@fnnews.com Reporter Lim Sang-hyuk Reporter