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Bitcoin retreated to $68,200, highlighting the CME gap. Geopolitical conflicts drove safe-haven capital flows into commodity markets, combined with long leverage liquidations, pushing the price into the February range.
Over the weekend, as geopolitical risks intensified, Bitcoin dipped to $68,200, and CME futures created a gap near $70,000; the futures market experienced over $400 million in long liquidations, reflecting rapid deleveraging of leveraged longs.
At the sector level, altcoins generally underperformed Bitcoin, while privacy coins and assets such as BCH and LINK performed relatively strongly amid sentiment volatility.$BTC $ETH