New Delhi, May 18 -- Bitcoin price slipped to its lowest level in over two weeks on Monday, 18 May, as escalating macroeconomic concerns linked to the US-Iran conflict led traders to trim their exposure to risk assets.

The world's largest cryptocurrency dropped to as low as $76,711 - its weakest level since May 1 - before recovering part of the losses. Other major digital assets, including Ether and Solana, also traded lower.

Bitcoin prices tumbled as the broader cryptocurrency market witnessed nearly $500 million worth of bullish liquidations within just 15 minutes during early Asian trading hours, according to data from Coinglass, as quoted by Bloomberg.

The digital asset has faced mounting pressure in recent days amid growing uncert...