Bitcoin declined 0.2% to $77,132 on September 2, paring some of its nearly 25% gain from August. The leading cryptocurrency experienced a loss of upward momentum as renewed global risks and shifting macro conditions affected investor appetite. Tensions between the United States and Iran escalated after a series of military strikes overnight, raising the risk of further instability in the Gulf. US President Donald Trump warned of possible further attacks on Iran’s oil infrastructure, while Tehran threatened to retaliate against American military bases in the region. Neither side signaled a willingness to back down.