
Bitcoin falls below $79K as rate fears rise
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Bitcoin (CRYPTO:BTC) fell below $79,000 on Tuesday as major cryptocurrencies moved lower.
Bitcoin (CRYPTO:BTC) has fallen nearly 1% to about $79,700 after US forces struck three Iranian oil tankers.
Bitcoin (CRYPTO:BTC) fell about 2% after U.S. markets closed as investors reacted to a sharp drop in South Korea's stock market.
More than $660m in crypto positions were liquidated within 24 hours after Bitcoin dropped sharply below $80,000.