Bitcoin slipped 0.7% to $77,581.7, after briefly hitting $79,461.7 intraday high, erasing earlier gains.
Rising oil prices and lingering geopolitical tensions pressured risk appetite, outweighing optimism from Iran's proposal to reopen the Strait of Hormuz.
The Bitcoin Conference 2026 kicks off in Las Vegas, expected to attract tens of thousands of investors, developers, and policymakers, influencing sentiment.
Markets watch the Fed’s Wednesday policy decision—potentially Powell’s final meeting—and the BOJ’s two‑day session for rate guidance amid inflation risks.