Bitcoin's price fell below $66,000, marking a 1.35% decline over the past 24 hours, as geopolitical tensions and rising oil prices weigh on markets. Total liquidations reached $329 million, with $228 million in long positions and $101 million in short positions. The Iran conflict has led to production cuts by major oil producers, pushing U.S. crude and Brent crude prices above $100 per barrel. Stock futures also declined, with Dow futures down 2%, Nasdaq futures falling 1.65%, and S&P 500 futures dropping 1.7%. Michael O'Rourke of JonesTrading warns of continued risk-off sentiment in the market.