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Trump Bombs Iran—Bitcoin Nosedives Under $101K in Wild Market Panic
The military operation targeted three major Iranian nuclear sites: Fordow, Natanz, and Isfahan. B-2 stealth bombers delivered 30,000-pound bunker-buster bombs in what Trump called a complete obliteration of Iran’s nuclear capabilities. The strikes came after diplomatic efforts through Turkey’s President Erdoğan collapsed when Iran’s Supreme Leader couldn’t be reached to authorize negotiations.
Trump had given Iran one last chance to talk before launching the strikes. He even offered to send top envoys or personally attend meetings. Iran demanded Israel stop its attacks first, but the Supreme Leader’s unavailability killed any hope for peace talks. With diplomacy dead, Trump pivoted to Plan B: bombs away.
Trump offered peace talks but Iran’s Supreme Leader couldn’t be reached, forcing military action instead
The market reaction was swift and brutal. Bitcoin’s price nosedived in what traders called one of the steepest drops during a geopolitical crisis. Volatility exploded across crypto exchanges worldwide as investors dumped their holdings and ran for safer assets. Even the most devoted hodlers felt the pain.
Why did crypto crash so hard? When military conflicts erupt in oil-rich regions, investors typically flee risky assets. Bitcoin, despite its “digital gold” narrative, still behaves like a risk-on investment during major crises. The fear of broader Middle Eastern conflict and potential economic sanctions sent traders scrambling for traditional safe havens. Market manipulators known as whales spread FUD to amplify the panic, triggering massive sell-offs that broke through critical support levels. Iran’s retaliation threats against U.S. troops and installations in the region amplified market panic.
Trump’s post-strike messaging tried to calm nerves. He declared “NOW IS THE TIME FOR PEACE!” and emphasized America’s military superiority. The president stressed that Iran must never acquire nuclear weapons while highlighting the precision strikes avoided ground invasion.
The incident serves as a stark reminder that geopolitical events can torpedo crypto markets without warning. While some traders might see this as a buying opportunity, others learned a harsh lesson about Bitcoin’s vulnerability to global instability. As always in crypto, dyor before making any moves during times of extreme uncertainty.
