Digital assets continue to face pressure on Tuesday as geopolitical tensions around Iran overshadow recent institutional buying momentum. Bitcoin opened at $68,860 on Tuesday morning, marking a slight 0.2% decline from Monday's levels and currently trading around $68,552, according to Yahoo Finance and WorldCoinIndex. The cautious trading comes as President Trump's deadline for Iran to reopen the Strait of Hormuz approaches Tuesday night, with crypto traders remaining on edge about potential military escalation. Despite the near-term uncertainty, spot Bitcoin ETFs demonstrated strong institutional appetite with $471 million in inflows on April 6, representing the sixth-largest daily inflow of 2026 as reported by CoinDesk. Market analysts suggest the current consolidation phase could be nearing a critical inflection point, with technical indicators pointing to either a breakthrough above $70,000 or a test of support levels around $65,000-$66,000.