Analysis: Trump's threats against Iran and renewed inflation caused Bitcoin to fall below $77,000.
CoinFeed reported on May 18th that, according to The Block, Bitcoin fell below $77,000 due to renewed tensions between the US and Iran and inflation concerns. The Bitcoin Fear & Greed Index has fallen from a neutral range of 40-50 earlier this week to 27, approaching the "fear" zone. Andri Fauzan Adziima, research director at Bitrue Research Institute, believes the main pressure comes from soaring Treasury yields to 12-month highs, a stronger dollar, and escalating geopolitical tensions. He points out that the current decline is a "healthy pullback" within a broader uptrend, with $74,000 as a key support level, and he is positioning for a rebound. This comes after US President Trump threatened Iran, warning that any further delays in the peace agreement could lead to US military action.