Bitcoin's price dropped to $72,300, marking a 2% decline over 24 hours, as geopolitical tensions in the Middle East and higher-than-expected U.S. inflation data weighed on markets. Ethereum, Solana, and XRP also saw declines of nearly 3% amid broader pressure on risk assets. The market reacted to U.S. President Trump's strong rhetoric against Iran, labeling it the "number one state sponsor of terrorism," and escalating regional conflicts, including an attack on Iran's South Pars gas field and U.S. military actions near the Strait of Hormuz. These developments pushed WTI crude oil prices from $92 to nearly $96. Additionally, U.S. inflation data showed the February Producer Price Index rising 0.7% month-over-month, exceeding expectations. This has heightened concerns about persistent inflation and reduced hopes for interest rate cuts, impacting both crypto and U.S. stock index futures, which fell by approximately 0.4%. Market attention is now on the Federal Reserve's upcoming interest rate decision and Chair Powell's comments.