24.06.2025 11:36

Global geopolitical tensions significantly impacted cryptocurrency markets over the weekend, causing a sharp sell-off. Bitcoin, for instance, experienced a substantial price drop, falling below the $100,000 mark for the second consecutive day after trading near $103,000 earlier in the week. This downturn mirrored investor anxiety stemming from the escalating conflict in the Middle East. The situation was further aggravated by reports of Iranian missile strikes on US military bases and alleged US strikes on Iranian nuclear facilities.

However, a dramatic reversal occurred on Monday. Following the launch of Iranian missiles at US military installations in Iraq, Qatar, and neighboring regions – reportedly fourteen in total – the cryptocurrency market staged a remarkable recovery. This resurgence was largely attributed to a statement by US President Trump on Truth Social. In his post, Trump asserted that the Iranian threat had been successfully neutralized and that the situation was showing signs of stabilization. He also claimed that thirteen of the Iranian missiles had been intercepted, with one allowed to pass harmlessly. Crucially, he highlighted the lack of American casualties and only minor damage.

This announcement, emphasizing a controlled and measured US response, significantly calmed investor fears. Trump’s declaration, further suggesting a path toward de-escalation and encouraging regional partners like Israel to pursue peace, played a key role in bolstering market confidence. As a result of this shift in sentiment, Bitcoin’s price rebounded strongly, reaching $105,766 – a 3.66% increase within a 24-hour period according to data from internet sources. The rapid recovery underscores the sensitive relationship between global political events and the volatile cryptocurrency market. The incident highlights how quickly investor sentiment can shift in response to geopolitical developments, demonstrating the interconnected nature of global finance and international relations.