Bitcoin slips, drops below $67,000

The world’s largest crypto lost ground after a moderately positive start to April, although it remained squarely in a trading range seen through most of the year

Bitcoin dropped on Thursday, tracking broader losses across cryptocurrencies and risk-driven assets after U.S. president signaled an escalation in military action against Iran over the coming weeks.

The world’s largest crypto lost ground after a moderately positive start to April, although it remained squarely in a trading range seen through most of the year.

Bitcoin dropped 2.3% to $66,813.7 by 21:50 GMT.

Risk-driven assets dropped across board following U.S. president’s speech, with the country’s stocks in particular punging at the opening bell on Thursday.

However, sentiment got a bit of a lift later after Iran’s state TV said the country was developing a protocol with Oman to monitor vessel traffic through the critical Strait of Hormuz. Iran will also set a toll for ships passing through the strait, a move that the U.S. has earlier called “unacceptable.”

Bitcoin exchange-traded funds marked their first monthly inflow in March since October, data from SoSoValue showed.

Spot ETFs logged a net inflow of $1.2 billion March, after four straight months of sustained outflows. This also came as Bitcoin plunged as much as 50% from its October record high.

Bitcoin outpaced broader speculative assets in March, logging mild gains while most other sectors, such as stocks and precious metals, clocked deep losses. But the world’s largest crypto was still nursing a 24% loss in 2026, and has remained pinned around $60,000 for most of the year.

Technically, Bitcoin remains stuck in a trading range which has been building since early February, just after it fell to $60,000, a four-month low. Since then, Bitcoin has spent most of its time oscillating between $64,000 and $73,000, David Morrison, senior market analyst at Trade Nation, said.

This has meant that it has kept its value even as other risk assets have struggled due to the ongoing hostilities across the Middle East, Morrison added.