Bitcoin has held up relatively well compared to other risk assets since the start of the Middle East conflict, but it’s suffering today alongside the broader market as pessimism grows that a resolution will be reached any time soon. Bitcoin sank below $66,000 Friday morning, a level not seen since March 8, as it’s dropped more than 5% in the past 24 hours. With a few days to go, bitcoin is down over 1% in March and looks likely to register its sixth consecutive month in the red, data from CoinGlass shows. The landscape is bleak for bitcoin ETFs as well, as they registered $171.22 million in outflows on Thursday, the ... (full story)