Bitcoin dipped below $66,000 as oil prices surged amid geopolitical tensions, triggering a wave of liquidations across crypto markets. Meanwhile, Solana overtook Ethereum in real-world asset adoption for the first time, Western Union launched its USDPT stablecoin on Solana, and a federal court cleared Uniswap in a major DeFi legal victory. With stablecoin market caps hitting a record $313 billion and governments increasing crypto investments, the global blockchain economy continues to expand despite short-term volatility.

Bitcoin dropped below $67,000 amid escalating Iran tensions and rising macro uncertainty. Meanwhile, the IRS warned crypto users about possible exchange account closures for tax form noncompliance, a U.S. court dismissed claims against Binance, and new national cyber strategy initiatives highlight the growing importance of post-quantum blockchain security. Here’s what today’s crypto news means for the market.

Rising tensions between Iran and Israel are testing crypto markets like never before. Bitcoin initially dropped during major geopolitical events, but a new trend is emerging. Institutional investors entering through spot Bitcoin ETFs may be stabilizing the market and reshaping Bitcoin’s role in global finance.

Bitcoin crashed to $83,824 as the crypto market erased $144 billion in one day. Over $791M in leveraged longs were liquidated, China renewed its crypto crackdown, and Vanguard shocked Wall Street by opening access to Bitcoin ETFs. Here’s the full breakdown.