Bitcoin slipped 1.2% to $70,862.6, breaking below $71,000 as doubts grew over the US‑Iran ceasefire.
Iran kept the Strait of Hormuz largely closed and announced shipping tolls payable in Bitcoin, adding geopolitical pressure.
US‑linked CLARITY Act, aimed at crypto regulatory clarity, remains stalled in Congress, limiting policy certainty.
Major altcoins fell 2‑4% with Ether down 3.1% to $2,175.61 and XRP down 3.8% to $1.3276.