🎢 Buckle up, BTC enthusiasts! Bitcoin's wild ride continues! After a calm period above $70,000, BTC took a nosedive to around $61,000 on Saturday - a multi-week low! 😱

The culprit? Rising tensions between Iran and Israel. The altcoins didn't fare well either, with numerous double-digit price declines. 💔

Just 48 hours ago, BTC was challenging $71,000. But the mood quickly soured after US central bank officials announced no plans to lower interest rates. In a flash, BTC dropped by five to six grand to $65,000. 😲

Saturday morning brought some relief as BTC recovered to just over $67,000. But geopolitical tensions sent it plunging again, bottoming out at just over $61,000. Over $700 million in liquidations followed. 😰

But don't lose heart! BTC has bounced back nicely and is currently sitting above $64,000. However, risks remain as it's the only market open for trading today. 📈

BTC's market cap has shrunk by about $130 billion since Friday, down to $1.270 trillion. But it's not all bad news - BTC's dominance over the alts has soared by approximately 2% within the same timeframe. 🚀

As for the altcoins, they've been hit hard. SOL, XRP, DOGE, TON, ADA, AVAX, SHIB, DOT, and ETH are still deep in the red. The total crypto market cap dropped from nearly $2.8 trillion on Friday morning to about $2.330 trillion yesterday evening. It's recovered around $100 billion since then, but it's still 5% down on the day. 😔

Stay tuned, folks! The crypto rollercoaster ride is far from over! 🎢🚀