Affected by the widespread sell-off of risk assets, Bitcoin's price fell below $69,000, erasing the gains previously driven by easing tensions in the Middle East. Major altcoins like Ethereum and Solana declined by 4%-5%. This decline echoed the trend in traditional markets, with the Nasdaq down 1.4% and U.S. Treasury yields rising sharply. Cryptocurrency-related stocks, including Coinbase and major miners, also saw significant drops, but Marathon Digital's stock rose 8.7% after selling $1.1 billion worth of Bitcoin to reduce debt. Analysts pointed out that Bitcoin's short-term trend remains closely tied to macroeconomic developments.