Bitcoin Drops to $61,729 as Middle East Tensions Spark $210M in Liquidations — While Kraken, DeFi, and Japan's Banks Signal the Bigger Picture

Bitcoin slid to $61,729 as renewed Middle East tensions triggered $210 million in crypto liquidations. But beneath the volatility, three institutional signals are rewriting the long-term narrative — Kraken's FIFA World Cup partnership, Morpho's $175M DeFi raise, and Japan's 3 biggest banks moving toward joint stablecoin issuance by March 2027.