Bitcoin Dips to $67,498: Is it Time to Buy the Dip Amid Market Volatility?

• Bitcoin declined 1.59% to $67,498, recovering slightly after dipping near $67,408.
• Crypto market faces cautious consolidation due to rising macro uncertainty, including elevated oil prices and geopolitical tensions.
• Analysts suggest Bitcoin shows relative strength, indicating a defensive rotation rather than aggressive risk-taking.
• Major cryptocurrencies like Ethereum, Solana, and XRP also experienced declines.
• Tensions between the US and Iran, high oil prices, and reduced Fed rate cut expectations are contributing to market volatility.