Bitcoin breaks $70,000 in volatile trading, hitting a new record to end the week

[pawel7777]

I think it's more on the looming war with Iran vs Israel now, specially that Iran has retaliated and attack Israel as they blame Israel for the attack on their embassy. So it has that domino effect in everything, stock, and crypto market and everyone is every nervous. Hopefully as we approach block halving in the next 4-5 days, everything will settle down and then we see the market recovering and doing what supposed it should be after the halving. That is to see the price goes off again and experience a parabolic rise.

Correct. Maybe it's too soon to say, but it looks like the situation could potentially deescalate.
Israel attacked Iran's embassy in Syria, Iran has retaliated, but Israel has declared the attack to be unsuccessful as they managed to shoot down almost all missiles/drones, so they won't feel a need to respond.
US is allegedly pressuring Israel to restrain and won't be joining any retaliation actions, so there's a chance markets will return to normal.