The US-Iran negotiations remain unresolved, with oil and gold both declining, and ETFs losing $68 million. Institutions are more panicked than retail investors right now, and the liquidity vacuum period is tough to endure.

As progress in US-Iran negotiations triggers a decline in risk appetite, Bitcoin temporarily dropped 2.2% to around $62,560, then stabilized in the $62,800 range. Oil prices fell below $73 per barrel, driven by factors including rumors of a 60-day oil sales license granted to Iran and frozen funds. Gold and silver declined approximately 2% and 5%, respectively. Asian stock markets weakened, with the Nikkei and Hang Seng Index dipping, and tech stocks taking profits. US Bitcoin ETFs continued to see net outflows, with a single-day net cash outflow of $68 million, putting pressure on institutional demand.