Bitcoin hovers above key support as equities, crypto retreat

Bitcoin and ether fell as escalating Middle East tensions lifted oil and the dollar, though BTC continued to hold above a key bull market level. What to know : Bitcoin fell around 1% to $80,800 while ether dropped 2% as rising geopolitical tensions pushed oil prices and the U.S. dollar higher. Most altcoins underperformed, though CRO, CRV and TON gained between 5% and 10%, with CRO boosted by a proposed tokenomics overhaul. CoinDesk’s DeFi and Computing sector indexes led crypto losses on Tuesday. JUP, MON and SEI fell more than 5% amid weak liquidity conditions.