Crypto Week Ahead: Bitcoin Loses All-Time-High Gains Due To Iran-Israel Conflict, In Course-Correction Mode Now

Over the past seven days, Bitcoin (BTC) price achieved a high of $72,520.19.

BTC dominance, at the time of writing, stood at 54.10 percent. ( Image Source :Eivind Pedersen/Pixabay )

Bitcoin (BTC), the most popular cryptocurrency in the world, was on track to reach and try to surpass its all-time high of $73,780.07 last week. However, the escalating tension between Iran and Israel on Sunday (April 14) led to high liquidations among investors, resulting in a bloodbath for BTC. It dipped down to as low as $61,000, before managing to bounce back to $66,000 at the time of writing. While the crash was expected due to the sudden conflict, it is largely expected that BTC will