A wave of shock struck the cryptocurrency market and the Bitcoin price on Saturday evening after news of the successful American strike on Iranian nuclear sites, which President Trump revealed.
With our publication on Friday, journalist Simmour Hirsch said that Trump will be shortened on the weekend to avoid the collapse of the stock market. However, it cannot spare the encryption, the 24/7 market.
BTC ▼ -1.16 %It has often declined with geopolitical shock waves, to $ 100,945 before returning to $ 102,350 at night. Meanwhile, the entire encryption market lost $ 40 billion in three volatile hours, confirming its ability to global flash points.
Table of events and bitcoin price interaction
Trump moved to the social truth at 7:50 pm, declaring, “We have completed our very successful attack on the three nuclear sites in Iran, including Ford, Natanz, and Seven … Congratulations to our great American warriors.”
The post was immediately distributed via social media, coinciding with the fast bitcoin drop.
By 7:53 pm EST time, Bitcoin price fell to $ 100,945, and he responded to US air strikes on critical nuclear infrastructure in Iran.
Fear was summarized, as it offered the strength of bitcoin as a safe haven. By 9 pm EST, BTC wore 102,350 dollars, despite a thick day with tension where air laptops were transported by air and the president warned that other strikes were not outside the table.
Geopolitical risks and possible repercussions: Is this Second World War?
Rumors are now about the fact that US air strikes in Iran have been an assembled of energy designed to reduce injuries. On the contrary, conflicting reports say that Iran is committed to retaliation for the American military bases and Israel itself.
The undeclared option is that Iran can launch attacks inside the United States. This anxiety struck encryption markets like bricks, and wipes worth $ 40 billion.
Ethereum, Solana and other main altcoins were destroyed more than Bitcoin, with $ 6.7 % decrease. Despite chaos, Trump called Ford, Natanz, and Esvhan a resounding success, while experts say that the risk of escalation grows every hour.
This came after two weeks of failed diplomacy in Iran, and many asked whether the United States had taken peace talks at all.
A cautious path forward for Bitcoin price
Trump spoke at 10:00 EST, but he avoided any promise that the air strikes have ended. Leaving the mystery of the markets and the investors who run blind in the following news cycle.
As tensions continue, there is an increasing feeling that this can attract larger players – Russia, China, perhaps more – and open a chapter that no one is ready to write.
Explore: Tether Paolo Ardoino says in the positive net from the American elections, says Bitcoin Strategic Reserve
Join Discord 99bitcoins News here to get the latest market updates
Main meals
-
A wave of shock struck the cryptocurrency market and the Bitcoin price on Saturday evening after news of the successful American strike on Iranian nuclear sites
-
The possibility of the broader conflict is still waving on the horizon.
The post -Bitcoin price fell to less than 101 thousand dollars after the US air strike in Iran in first place on 99bitcoins.