Crypto Market Crash: U.S.-Iran War Triggers Bitcoin Drop Below $101K and Sparks Panic Selling
The post Crypto Market Crash: U.S.-Iran War Triggers Bitcoin Drop Below $101K and Sparks Panic Selling appeared on BitcoinEthereumNews.com. The global cryptocurrency market plunged into chaos late Saturday, June 21, after U.S. President Donald Trump confirmed a series of airstrikes on Iranian nuclear sites. The military action immediately triggered a sharp sell-off, sending Bitcoin (BTC) to a low of $100,945 before rebounding slightly. Within hours, over $40 billion in market capitalization evaporated across the crypto space, highlighting investor sensitivity to geopolitical risk. Bitcoin Price Reacts to U.S. Military Strike The dramatic turn of events unfolded when President Trump took to Truth Social at 7:50 p.m. EST, stating, “We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. Congratulations to our great American Warriors.” His announcement was swiftly followed by a 2% drop in Bitcoin’s price, hitting a session low of just under $101K. Bitcoin (BTC) was trading at around $100,533.27, down 2.95% in the last 24 hours at press time. Source: Bitcoin Liquid Index (BLX) via Brave New Coin Although BTC later recovered to around $102,350 by 9 p.m., the damage was done. Ethereum (ETH) and other major altcoins also suffered steep declines, with ETH dropping 6.7% within the same window. Traders described the move as a classic “panic sell,” sparked by fears of broader conflict in the Middle East. Crypto Market Sentiment: Uncertainty and Escalation Fears Market experts warn that this may just be the beginning. “The crypto market is extremely vulnerable to global flashpoints, especially when there’s potential for escalation,” said a senior analyst from CoinGape. “We’re now in a wait-and-watch phase, but if Iran retaliates or tensions spread, crypto markets could face another brutal leg down.” President Donald Trump announced on X that U.S. forces struck three Iranian nuclear sites—Fordow, Natanz, and Esfahan—and confirmed that air fighters remain deployed. Source: Donald J. Trump via X Reports suggest…
The post Crypto Market Crash: U.S.-Iran War Triggers Bitcoin Drop Below $101K and Sparks Panic Selling appeared on BitcoinEthereumNews.com.
The global cryptocurrency market plunged into chaos late Saturday, June 21, after U.S. President Donald Trump confirmed a series of airstrikes on Iranian nuclear sites. The military action immediately triggered a sharp sell-off, sending Bitcoin (BTC) to a low of $100,945 before rebounding slightly. Within hours, over $40 billion in market capitalization evaporated across the crypto space, highlighting investor sensitivity to geopolitical risk. Bitcoin Price Reacts to U.S. Military Strike The dramatic turn of events unfolded when President Trump took to Truth Social at 7:50 p.m. EST, stating, “We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. Congratulations to our great American Warriors.” His announcement was swiftly followed by a 2% drop in Bitcoin’s price, hitting a session low of just under $101K. Bitcoin (BTC) was trading at around $100,533.27, down 2.95% in the last 24 hours at press time. Source: Bitcoin Liquid Index (BLX) via Brave New Coin Although BTC later recovered to around $102,350 by 9 p.m., the damage was done. Ethereum (ETH) and other major altcoins also suffered steep declines, with ETH dropping 6.7% within the same window. Traders described the move as a classic “panic sell,” sparked by fears of broader conflict in the Middle East. Crypto Market Sentiment: Uncertainty and Escalation Fears Market experts warn that this may just be the beginning. “The crypto market is extremely vulnerable to global flashpoints, especially when there’s potential for escalation,” said a senior analyst from CoinGape. “We’re now in a wait-and-watch phase, but if Iran retaliates or tensions spread, crypto markets could face another brutal leg down.” President Donald Trump announced on X that U.S. forces struck three Iranian nuclear sites—Fordow, Natanz, and Esfahan—and confirmed that air fighters remain deployed. Source: Donald J. Trump via X Reports suggest…
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