Bitcoin will plummet below $100,000 after we hit Iran’s nuclear site
The world’s biggest cryptocurrency on Sunday fell below $100,000 for the first time in more than a month following the US airstrikes in Iran.
Bitcoin has dropped 4% to around $99,300 in the last 24 hours, according to data from Binance. etherthe second largest cryptocurrency by market capitalization, saw Starker drop by almost 10%. The entire Crypto market has taken around 7% in the past day.
The sale comes hours after the US bombed three important Iranian nuclear sites on Saturday.
In mid-June, UN-backed nuclear watchdogs I said Iran has not followed the ban on the development of a military nuclear program. Israel struck Iran shortly after the Watchdog published the allegations, and the Islamic Republic retaliated. Saturday, Trump announcement That he has approved the US entrance to the conflict.
“This is a historic moment in the United States, Israel and the world. Iran now has to agree to end this war. Thank you!” Trump posted on social media in all capital letters on Saturday night.
Bitcoin’s recent plunge continues with cryptocurrency annual profits, past the psychologically significant $100,000 threshold.
It spiked after Trump won the 2024 presidential election in November. Major inventory indexes like the S&P 500 also jumped, but profits for Bitcoin and the broader crypto market were particularly steep. Investors have seen the White House under Trump. Trump described himself as the “procrypt” president, making him a potential boon for the industry.
After Trump took office in January, Bitcoin quickly notched its all-time high of over $100,000 in February as it was announced by the 47th president Executive order It is designed to support the crypto industry. Still, cryptocurrencies quickly followed a wide range of financial markets, with prices falling. In April, shortly after Trump announced his historically serious customs suite, Bitcoin immersed its lowest mark of $75,000 in 2025.
Recently, Bitcoin has a lot of high-tech inventory and high-tech. Nasdaqwe gathered together. In May, it notched The best ever Just as Wall Street investors piled into cryptocurrency through US exchange sales funds or ETFs. That’s true in June trend Low amidst geopolitical instability in the Middle East.