Bitcoin Price Pulls Back Toward $80K as Geopolitical Tensions Weigh on Market

Bitcoin's rally stalled at $82,000 following geopolitical escalation in the Middle East, causing the asset to retreat toward $80,000. Despite earlier resilience against US interest rate hikes and the failure of the CLARITY Act, the broader market saw significant declines. Major altcoins including Ethereum, BNB, XRP, and Solana experienced losses, while privacy coins ZEC and XMR dropped by approximately 8%. Conversely, Avalanche (AVAX) showed independent strength amid the market-wide correction.