Bitcoin took a hit this week, sliding to levels we haven't seen in over seven days. The timing here matters—it's not happening in isolation. Across global bond markets, there's been serious selling pressure as investors are actively stepping back from risk. The whole situation ties back to geopolitical tensions that keep simmering in the background. When traditional markets get spooked like this, crypto tends to follow suit. It's that classic risk-off move where everything correlated gets hit at once. The question now is whether this is just a temporary dip or if we're entering a longer consolidation phase. Watching how Bitcoin holds up against this broader market stress will tell us a lot about sentiment in the weeks ahead.