Bitcoin and Crypto Markets See Steep Sell-Off Amid Global Tensions

Bitcoin price slipped below $62,000, down 11% over the past week as momentum stalls ahead of anticipated halving event
Wider crypto market also dropped significantly, with top 20 cryptos excluding stablecoins down overnight
Over $327 million liquidated across crypto market in last 24 hours, majority Bitcoin longs
Price drop linked to geopolitical tensions like Israel-Iran military attacks rather than just halving event
Strong US dollar compared to other major currencies also seen as exacerbating the crypto pullback