Bitcoin (BTC) Slides Below $64K as Middle East Tensions and Tech Selloff Shake Markets

Bitcoin slipped below $64,000 after U.S. military strikes on Iranian targets intensified Middle East tensions and pushed crude oil higher. The move came alongside a broader risk-off selloff in U.S. equities, especially tech and semiconductors, with the Nasdaq 100 down 2.1% and Micron falling more than 9%. BTC traded around $63,305 after briefly reaching $64,660 earlier in the session. Despite the pullback, spot Bitcoin ETFs still saw $265.7 million of net inflows, suggesting institutional demand remains resilient. Technically, traders are watching $62,500-$62,800 as key support; a daily close below that zone could open a move toward $60,000. The article frames Bitcoin as increasingly trading like a high-beta tech asset rather than a defensive store of value during geopolitical stress.