23.06.2025 17:52

Geopolitical tensions in the Middle East dramatically impacted Bitcoin's price on Monday. Following reports of Iranian missile strikes targeting US military bases in Qatar and Iraq, the cryptocurrency briefly dipped below the $100,000 mark. Investor anxiety, fueled by escalating conflict, triggered this significant price fluctuation.

Confirmation of the Iranian attacks came from an Israeli official, who stated that six missiles were launched towards a US base in Qatar, with another targeting a base in Iraq. These actions followed eyewitness accounts of explosions in Doha, Qatar's capital city, as reported by Reuters. The attacks represent a direct response to recent US military strikes on Iranian nuclear facilities.

President Donald Trump previously announced these US airstrikes, targeting key Iranian nuclear sites in Fordow, Natanz, and Isfahan. The stated aim of these strikes was to hinder Iran's nuclear weapons development program. Bitcoin's initial reaction to the news of the Iranian attacks was a sharp decline below $100,000. However, the cryptocurrency swiftly recovered as further information regarding Iran's military actions emerged.

This situation remains fluid, and further developments are expected. We will continue monitoring and providing updates as they become available from internet sources.