U.S. Launches Strikes on Iranian Nuclear Sites — Here is How Bitcoin Reacted
The post U.S. Launches Strikes on Iranian Nuclear Sites — Here is How Bitcoin Reacted appeared on BitcoinEthereumNews.com.
Bitcoin In a dramatic escalation of Middle East tensions, former U.S. President Donald Trump announced on his Truth Social account that American forces carried out targeted airstrikes on three Iranian nuclear facilities: Fordow, Natanz, and Esfahan. According to the post, the operation was completed successfully, with all U.S. aircraft reportedly having exited Iranian airspace after delivering a full payload of bombs. The primary target was Fordow, which Trump described as the “primary site.” The former president praised the mission’s success and the American military, claiming no other armed forces could have executed such a precise operation. “NOW IS THE TIME FOR PEACE,” Trump concluded in his statement — a declaration that followed what could be one of the most consequential military operations in the region in recent years. Market Reaction: Bitcoin Dips as Traders Flee Risk Bitcoin has dropped 1% over the past 24 hours and is down 3.2% for the week. As of the latest update, BTC is trading around $102,130, with a total market cap of $2.03 billion. Trading activity has also cooled, with 24-hour volume shrinking by 19% to $40 billion. The drop reflects broader risk-off sentiment as investors digest the possibility of escalating conflict in the Middle East. Analysts suggest that while Bitcoin often acts as a hedge in times of uncertainty, sudden military developments can trigger short-term volatility across all asset classes, including crypto. Whether Bitcoin stabilizes or continues to slide will likely depend on how the geopolitical situation develops in the coming days. Author Alexander Stefanov Reporter at Coindoo Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over 8 years of experience covering the crypto, blockchain and fintech industries, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with…
Filed under: News - @ June 22, 2025 12:23 am