Iran's Reaction to US Bombing: Bitcoin Surges Amidst Global Tensions

Iran’s Response to US Bombing

What will be Iran’s response to the US bombing? President Donald Trump just attacked and bombed Iran’s Fordow, Natanz, and Isfahan nuclear sites and then called for peace. He just declared war; there is no going back.

In reaction, crypto markets were as chaotic as the U.S. president, with Bitcoin plunging to $100,945 within minutes, slicing $40 billion off the total market before settling at $102,350.

Meanwhile, Iran labeled the strikes a violation of the Non-Proliferation Treaty. Iran fired back—literally—striking deep into Israeli territory as the region leans closer to all-out conflict. What can we expect from this conflict and its broader impacts on international equities, crypto, and global markets?

Bitcoin Price Overview

Iran-Israel Missile Exchanges Amplify Tensions

Following Saturday’s U.S.-Israel-led attack, Iran reportedly launched two waves of missiles, totaling 27 strikes, impacting areas from the Golan Heights to the upper Galilee and Tel Aviv.

Israeli authorities confirmed damage at ten locations, with 16 injuries reported from emergency services as they continue to survey the damage.

For the first time, Iran’s missile strategy involved attacks in rapid succession, escalating the ongoing exchanges of fire.

Donald Trump to Barak Ravid hours ago: “We achieved a great success tonight. Israel is now much safer.”

President Trump quickly claimed victory.

“We have completed our very successful attack on the three nuclear sites,” he tweeted, praising American forces as unmatched globally.

Conversely, Iran responded firmly with its Atomic Energy Organization condemning the strikes as an “evil conspiracy” and criticized international agencies like the IAEA for their silence.

Bitcoin and Crypto Market Reacts to Geopolitical Chaos

Bitcoin didn’t respond favorably. Following Trump’s confirmation of the strikes, BTC tumbled to $100,945 before slightly recovering to $102,350, erasing $40 billion from the crypto market.

Market momentum signals indicate that the market remains uncertain:

“I love watching people freak out over a -5% ‘Bitcoin crash’. Bitcoin isn’t volatile. You just don’t understand what stability looks like after a 100+ year fiat hallucination.” — Adam Livingston

BTC appears unstable at $102K, a support level that it has tested multiple times this week. A recent death cross pattern has emerged with the simple moving average dipping below 200, compounding the bearish sentiment.

Historically, when Bitcoin has been quiet for weeks, it has led to parabolic gains.

Meanwhile, Iran has doubled down, committing to continue its nuclear agenda and cautioning against foreign interference.

What’s Next for WW3?

Tensions are escalating rapidly, and the consequences may extend beyond Iran’s borders. Retaliatory strikes against U.S. bases or allied regions remain a serious danger. The IAEA has yet to provide a statement, but geopolitical analysts are already strategizing on potential consequences if Russia or China increase their actions concerning Ukraine or Taiwan in this tumultuous situation.

With uncertainty on the rise, investors are hedging aggressively. Don’t be surprised if Bitcoin continues to rebound.

Key Takeaways

In reaction to the Iran-U.S.-Israeli conflict, crypto markets have mirrored the chaotic dynamics of U.S. leadership.
Historically, Bitcoin’s relative silence over weeks often leads to parabolic gains.

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Disclaimer
Disclaimer: Crypto is a high-risk asset class. This article is for informational purposes only and does not constitute investment advice. You could lose your entire capital.
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