Bitcoin Drops Again as Bhutan Transfers More BTC and US Mulls Sending 10,000 Troops in Iran

Bitcoin’s price slipped once again on Friday morning, dropping to a multi-day low of $67,500 after it was rejected at nearly $69,000 hours ago. This means that the asset has lost approximately $4,500 in just a couple of days, as it peaked at $72,000 on Wednesday.

Key takeaways

Quick scan — what you need to know:

• Bitcoin’s price slipped once again on Friday morning, dropping to a multi-day low of $67,500 after it was rejected at nearly $69,000 hours ago.
• This means that the asset has lost approximately $4,500 in just a couple of days, as it peaked at $72,000 on Wednesday.
• The latest daily dip comes as the Royal Government of Bhutan continues to transfer some of its BTC holdings, likely with the intention of selling.
• They have made multiple such transfers since the price correction at $72,000 began, moving over $45 million worth of the cryptocurrency.

Background

What led here, in plain terms:

• The Royal Government of Bhutan transferred out another 123.7 $BTC ($8.5M) 2 hours ago.
• In the past 2 days, #Bhutan has transferred out a total of 643 $BTC ($45.24M).
• https://t.co/hiNf1ySQhU pic.twitter.com/0k4VkFoM3M — Lookonchain (@lookonchain) March 27, 2026 US to Send Troops to Iran?
• In addition to Bhutan’s actions that might have impacted BTC’s price drops, the war in the Middle East continues to take multiple turns daily.

Why it matters

Why readers and decision-makers should care:

• However, the tides have turned once again, as reported by the analytics company Santiment, and the retail crowd is back to showing “signs of getting more and more bearish, expressing FUD toward…
• Historically, prices move opposite to the crowd’s narrative, making this below chart reveal a stronger buy signal.
• When you see crypto discourse with: Words like… pic.twitter.com/rpgmtSz2Q2 — Santiment (@santimentfeed) March 27, 2026 The post Bitcoin Drops Again as Bhutan Transfers More BTC and US Mulls Sending…