Trump’s Iran Strike Sends Shockwaves Through Crypto—Bitcoin Briefly Slips Below $101K
Jamie Redman
Markets and Prices
Trump’s Iran Strike Sends Shockwaves Through Crypto—Bitcoin Briefly Slips Below $101K
After U.S. President Donald Trump announced that the United States had carried out a successful airstrike in Iran, bitcoin’s value recoiled, dipping to $100,945 per coin.
$40B Gone in Hours: Bitcoin Falters After U.S. Airstrike on Iran
At the time of writing, BTC is trading higher following Trump’s latest remarks on the escalating conflict between Israel and Iran.
“We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan,” Trump said on Truth Social at 7:50 p.m. Eastern time on Saturday. “All planes are now outside of Iran air space.”
Trump added:
A full payload of BOMBS was dropped on the primary site, Fordow. All planes are safely on their way home. Congratulations to our great American Warriors. There is not another military in the World that could have done this. NOW IS THE TIME FOR PEACE!
After the Truth Social post exploded across social media, BTC recoiled to the $100,945 range at precisely 7:53 p.m. on Saturday. By 8 p.m., it had regained ground, stabilizing at $102,350 per coin—for now.
Trump’s statement injected fresh complexity into what was already a bleak day for digital assets. Between 5 p.m. and 8 p.m., roughly $40 billion vanished from the crypto market.
Trump’s unexpected declaration follows his earlier remarks that a decision would take two weeks. Reports indicate he had already reviewed potential strike scenarios earlier this week.
Among the options, speculation swirled around the inclusion of 30,000-lb. bunker buster bombs and stealth aircraft operated by U.S. forces. Earlier reports indicated that the Israeli Air Force targeted Iran’s radar infrastructure—an action that may have cleared the way for the stealth pilots to carry out their mission. Trump plans to address the American people about the subject at 10 p.m. Eastern time on Saturday evening.
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