Bitcoin at Two-Week Low as Crypto Liquidations Top $800 Million (opens in new tab)

(Bloomberg) -- Bitcoin weakened to its lowest level in more than two weeks as a pullback in demand amid turmoil in the Middle East prompted traders to cut back their positions.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersBillionaire Rinehart Bets $100 Million on US Defense StocksStocks and Oil Whipsaw on Mixed US-Iran Signals: Markets WrapElon Musk Loses Case Against Sam Altman Over OpenAI’s OverhaulTrump Says Holding Off on New Iran Strikes After Gulf Appeal