Bitcoin retreats to $68,000, leaving CME gap as traders eye $70,000 rebound

BTC slipped back into February's range after Donald Trump threatened to attack Iran's power plants, sparking a selloff and shifting flows toward commodities. What to know : Bitcoin fell to $68,200 after a weekend selloff tied to the war with Iran, creating a CME gap near $70,000. More than $400 million in crypto futures liquidations hit markets, mostly long positions, signaling a sharp unwind in bullish leverage. Altcoins lagged behind BTC, but privacy tokens and select assets like BCH and LINK showed signs of relative strength amid mixed sentiment.