Bitcoin drops below $69,200 as Trump gives 48-hour ultimatum on Iran power plants
BTC fell 2.2% as $299 million in liquidations hit crypto markets, with long positions accounting for 85% of the damage.
Bitcoin miners are losing $19,000 on every BTC produced as difficulty drops 7.8%
The average production cost was sitting at $88,000 per bitcoin in mid-March, according to Checkonchain’s difficulty regression model.
XRP falls 3% as breakdown below $1.44 and bitcoin weakness caps recovery
Traders are watching support near $1.40 as repeated failures below $1.60 reinforce broader downtrend.