Crypto slides on profit-taking, Middle East tensions

Bitcoin fell 1% to $63,100 while LIT slid 8% in its first major pullback after a 200% rally, as reignited Iran-U.S. tensions over the Strait of Hormuz weighed on risk assets. Derivatives markets saw $253 million in 24-hour liquidations skewed toward longs. South Korea's Kospi lost 9.2%.