The US-Iran ceasefire negotiations ended in failure, and this news directly triggered a wave of volatility in the short term. The market had already priced in an optimistic "positive negotiations" sentiment in advance, but was then proven wrong, resulting in a sharp correction — BTC is currently at $71,653, down 1.6% in 24 hours, ETH also fell 0.88%, with the high point dropping to around $2,500 from the deepest dip so far.