Bitcoin edged lower on Thursday near $77,000 levels.
The world's largest cryptocurrency is set for a weekly loss amid geopolitical uncertainty.
Bitcoin last traded 0.5% lower at $77,487.8.
A fresh wave of liquidations and lingering uncertainty over U.S.-Iran negotiations weighed on risk sentiment.
Bitcoin was set for a 1% weekly loss.
Investors reduced exposure to risk assets due to geopolitical uncertainty and rising Treasury yields.
Heightened volatility linked to the Middle East conflict pressured crypto markets.
U.S. and Iranian officials acknowledged some positive signs in talks, but major issues remain unresolved.
The uncertainty led to a rebound in oil prices, reigniting inflation concerns.
Markets scaled back expectations for Fed rate cuts this year.
The latest decline triggered $200 million in crypto liquidations over 24 hours.
Bitcoin remains supported by institutional buying and steady ETF inflows.
The $76,000-$77,000 zone is an important support area.
A move above $80,000 could revive bullish momentum.
Altcoins traded in tight ranges on Friday.
Ethereum lost 0.3% to $2,129.92.
XRP fell 0.7% to $1.366.
Solana edged up 0.5%, while Cardano and Polygon rose 1% each.
Dogecoin traded flat.
