Bitcoin price dips under $104K as Russia-Ukraine woes rile US stocks

Bitcoin price action gets off to an uncertain start in June with traders staying cautious on which way the market will head.

Key points:

Bitcoin stays near its old all-time highs from late 2024 as US stocks digest increased tensions in Europe.

Traders shrug off market nerves after BTC/USD drops 8% versus its latest record of $112,000.

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