Trump’s Iran Strike Sends Bitcoin Plunging Below $100K – Here’s Why It Matters

Geopolitical shockwaves hit crypto as Bitcoin tumbles under six figures.

When missiles fly, markets panic—even decentralized ones. Bitcoin's flash crash below $100,000 proves no asset is truly 'uncorrelated' when Washington starts playing wartime president. Traders dumped risk assets faster than a Treasury Secretary can say 'flight to quality.'

The irony? Institutional investors who spent years convincing pension funds that crypto was 'digital gold' just watched it behave like... well, crypto. Volatility is back with a vengeance as macro forces remind everyone: in global crises, even Satoshi's creation bows to old-school market psychology.

One hedge fund manager quipped: 'Turns out 'store of value' means storing value until someone tweets about WWIII.' The dip buyers are circling—because nothing says 'hedge against chaos' like buying the crash caused by chaos.

• Trump’s Iran airstrike announcement sent Bitcoin plunging below $100K, hitting a low of $99,822.
• Over $636 million in crypto liquidations hit the market; 166,000 traders were directly impacted.
• Solana plunged over 5% to $121, while Ethereum dropped to $2,201 amid rising war tensions.
  

President Trump’s announcement of a national address at 10 PM ET on June 22, 2025, concerning a military operation in Iran has shaken financial markets. As reported by StockMKTNewz, geopolitical tensions like this often fuel volatility across traditional assets and cryptocurrencies, prompting traders to brace for potential price swings in Bitcoin and Ethereum.

🇺🇸 President TRUMP just announced he will be addressing the nation at 10PM ET regarding the military operation in Iran 🇮🇷 https://t.co/4RID0wViOh pic.twitter.com/lcrTpzbew1

Bitcoin, Ethereum, Solana, XRP Suffer Steep Losses

Bitcoin plunged below $100,000 for the first time in over a month, hitting $99,822 on Saturday. The drop followed Trump’s confirmation of successful bombings at Iran’s Fordow, Natanz, and Esfahan nuclear sites. Traders responded quickly, selling off risk assets and fearing a broader escalation in the Middle East conflict.

The crypto market’s sharp downturn began once Trump posted on Truth Social, celebrating the airstrikes and praising U.S. military forces. The announcement aligned with growing speculation of U.S. involvement in Israel’s ongoing strikes on Iran. This confirmation triggered immediate fear-driven reactions among traders, leading to aggressive liquidations.

Ethereum dropped to $2,201, XRP fell 3.1% to $1.80, and solana took the biggest hit, crashing over 5% to $121. These losses erased gains from earlier in the week, confirming crypto’s sensitivity to geopolitical tensions. Market watchers warn of further drops if the situation intensifies.

Read Also: ethereum Eyes Breakout but Faces Mounting Bearish Pressure Amid Market Volatility

Trump’s Iran Remarks Shake Crypto Sentiment

Shortly after Trump’s announcement, Israel claimed to have killed Iranian Quds Force commander Saeed Izadi in a targeted airstrike. Defense Minister Israel Katz hailed the killing as a major success. Izadi had been under U.S. and British sanctions for supplying Hamas with weapons and funding. 

CoinGlass saw $676 million in total liquidations in a period of 24 hours, and this was due to the panic selling and the wipeout of long positions. Of the total, long trades contributed $568 million, whereas short trades brought in $68 million. The figure ROSE to 166,000 users, highlighting the fragility of sentiment in uncertain times.

Safe-haven assets such as Gold and the U.S. dollar surged as investors sought stability. Such a “flight to safety” pattern was similar to what happened before in past geopolitical crises. Trump’s calling Iran an “easy target” also served to worsen the sentiment about digital assets, strengthening the already existing fear of an extended regional conflict.

Read More: Trump cryptocurrency Discussions Focus on Regulation, Bitcoin Solaris Focuses on Making TRON-Level Returns