Bitcoin Slips Under $65K Following Saudi Oil Site Attacks

Bitcoin fell below the $65,000 mark after recent attacks on Saudi oil facilities by Houthi forces. The news triggered a wave of selling across Gulf markets, and the negative sentiment quickly spilled over into the cryptocurrency sector.

These attacks are raising concerns about the stability of global energy supply chains. As traders react to the uncertainty, many are moving their money into safer assets, which is putting significant downward pressure on riskier investments like crypto.

Regulators are now paying closer attention to how digital assets might play a role in illicit financial activities during times of conflict. Investors should keep a close watch on how these regional tensions develop, as any further instability could lead to more volatility for major coins in the coming days.