I noticed yesterday that Bitcoin dropped to $63,000 due to new attacks between Iran and Israel. The price rose slightly to $65,000 but quickly returned to $64,700, showing weak buying support as geopolitical tensions escalate. It's interesting that the crypto market continues to trade even when traditional equity markets are closed during weekends—this really acts as a pressure valve for risk-off sentiment.

This pattern is consistently observed: when major geopolitical news breaks, Bitcoin sells off because it’s the only liquid asset available when other markets are closed. That’s why weekend volatility tends to be higher than during weekdays. In this case, the weak support at $65,000 indicates that sellers still have control, but the relative stability despite intense headlines reflects thin order books during the weekend.

Also, with XRP, I saw a sharp drop from $1.36 to $1.33 within a day due to heavy volume—really aggressive selling, not just a liquidity issue. That move pushed the price below key support levels.

It’s more important to monitor developments in the Iran situation as US trading hours progress. The risk remains elevated for Bitcoin traders as geopolitical tensions continue to make headlines.