Bitcoin retreats toward $70,000 as Middle East tensions lift oil and pressure markets
Bitcoin fell in Asian trading, easing to $70,182.6 as investors digested an escalation of conflict in the Middle East that has pushed oil sharply higher. The drop, a 3.1% decline measured at 00:56 ET (05:56 GMT), comes after the token briefly traded above $74,000 earlier in the week and leaves it positioned for a roughly 7% gain on the week. Broade…