The cryptocurrency market reacted strongly to fresh geopolitical tensions between the U.S., Iran, and Israel. Donald Trump’s bold comments on social media led to market volatility, sending Bitcoin below the critical $104,000 mark. As traditional markets brace for further instability, analysts are divided on whether Bitcoin can maintain its position above $100K.
Bitcoin price falls after Trump threatens Iran's Supreme Leader
In a controversial post on Truth Social, Donald Trump claimed the U.S. knows the exact location of Iran’s Supreme Leader, Ayatollah Ali Khamenei, calling him an “easy target.” While asserting the U.S. would not act “for now,” the message injected macroeconomic and geopolitical uncertainty into global markets. Within an hour of the post, Bitcoin dropped from $104,310 to $103,553, before slightly rebounding.
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Crypto market sentiment drops as tensions escalate
The Crypto Fear & Greed Index fell by 16 points, shifting from “Greed” to “Neutral” for the first time in 11 days. Ether and XRP both declined by 1.3%, reflecting broader market anxiety. The drop coincides with escalating conflict between Iran and Israel, as Iran retaliated against Israeli airstrikes with missile and drone attacks. The increasing volatility has left many investors cautious.
Will Bitcoin hold above the $100,000 mark? Analysts divided
Some analysts, like Doctor Profit, predict that Bitcoin will fall below $100,000 in the coming days, potentially bottoming out around $93,000, with the S&P 500 expected to follow with a 7–10% correction. Others remain optimistic. Traders like Jelle highlight that Bitcoin’s current consolidation above $100K is a healthy sign for long-term bullish momentum. Bitfinex analysts warned that Bitcoin must hold $102,000 to avoid a deeper decline.
This article was drafted using ChatGPT and edited by the author for final publication.
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