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Bitcoin fell 1.1% to $66,252, lagging flat gold, as a weekend US/Israel–Iran escalation sparked a risk-off move. BTC’s 78% 7-day correlation with the S&P 500 shows it’s trading like a rates-sensitive macro asset. Oil’s surge and crypto deleveraging added pressure. Near term: holding ~$65,224 support could mean consolidation; a break risks a retest of $63,000. Watch ISM PMI and the Jobs Report for Fed cues.