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Crypto Market Overview: Bitcoin slides to $68,000 as Iran deadline looms – FET, AVAX, PEPE lead decline

FXStreet 2026-04-07 03:47
Crypto Market Overview: Bitcoin slides to $68,000 as Iran deadline looms – FET, AVAX, PEPE lead decline

News brief

The broader cryptocurrency market whipsaws as Tuesday’s 08:00 PM ET deadline imposed by US President Donald Trump on Iran nears, sending Bitcoin (BTC) below $69,000. Bitcoin hovers around $68,000 on Tuesday, retracing from $70,000 the previous day.Total liquidations over the last 24 hours surpass $230 million as markets whipsaw ahead of the Iran deadline.FET, AVAX, and PEPE are…

Why traders care

For traders, this matters because crypto headlines can change short-term momentum, liquidity conditions and broader risk appetite within minutes.

What to watch next

  • Watch follow-through in majors, exchange volume and risk sentiment in US indices to judge whether the move has real participation behind it.

The broader cryptocurrency market whipsaws as Tuesday’s 08:00 PM ET deadline imposed by US President Donald Trump on Iran nears, sending Bitcoin (BTC) below $69,000. Bitcoin hovers around $68,000 on Tuesday, retracing from $70,000 the previous day.Total liquidations over the last 24 hours surpass $230 million as markets whipsaw ahead of the Iran deadline.FET, AVAX, and PEPE are… The broader cryptocurrency market whipsaws as Tuesday’s 08:00 PM ET deadline imposed by US President Donald Trump on Iran nears, sending Bitcoin (BTC) below $69,000. Bitcoin hovers around $68,000 on Tuesday, retracing from $70,000 the previous day.Total liquidations over the last 24 hours surpass $230 million as markets whipsaw ahead of the Iran deadline.FET, AVAX, and PEPE are leading the decline over the last 24 hours.The broader cryptocurrency market whipsaws as Tuesday’s 08:00 PM ET deadline imposed by US President Donald Trump on Iran nears, sending Bitcoin (BTC) below $69,000. Liquidations over the last 24… For traders, this matters because crypto headlines can change short-term momentum, liquidity conditions and broader risk appetite within minutes. Watch follow-through in majors, exchange volume and risk sentiment in US indices to judge whether the move has real participation behind it.

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