The Shock of Trump’s Attack on Iran: Bitcoin Price Drops, Crypto Markets Panic?

Updated

June 23, 2025

Gambar The Shock of Trump’s Attack on Iran: Bitcoin Price Drops, Crypto Markets Panic?

Jakarta, Pintu News – Global financial markets were shocked by US President Donald Trump’s move to launch an attack on Iran. This event not only shook up international politics, but also had a direct effect on the crypto market. The price of Bitcoin briefly dropped below USD 101,000, or around Rp1.664 billion, before recovering in no time. This event showed how sensitive the cryptocurrency ecosystem is to major geopolitical news.

Crypto Market Reaction to Geopolitical Tensions

The impact of the attack was immediately felt on several key assets in the cryptocurrency market. The price of Bitcoin (BTC), which had previously stabilized above USD 104,000 (approximately IDR 1.716 billion), plummeted suddenly before eventually rallying back. Volatility was also felt on several altcoins such as Ethereum and Ripple , which fell as selling pressure increased across the crypto market.

Large investors, including whale wallets, briefly went short to avoid further potential losses. However, some investors saw this drop as an opportunity to buy at lower prices, a strategy that is quite common in the cryptocurrency world. This phenomenon confirms that the crypto market remains vulnerable to global issues, especially those related to security and political stability.

Dynamics of Bitcoin and Other Cryptocurrencies

5 cryptos plummeted this week — Source: Bitcoin News

Bitcoin’s price drop this time is considered a direct response to the increasing global uncertainty. In addition to the attack on Iran, market sentiment was also affected by the possibility of retaliation from the Iranian side, which sparked fears of a wider conflict. Other cryptocurrencies such as Ethereum (ETH) and Ripple (XRP) also experienced weakness, but not as severe as Bitcoin, which is the main benchmark in the crypto industry.

Nevertheless, analysts argue that the crypto market has the ability to recover faster than traditional assets. The growing presence of institutional investors in the cryptocurrency market provides a more solid foundation for future price movements. Moreover, this volatility has also sparked discussions on the importance of portfolio diversification in crypto investments.

Crypto’s Role as a Protection Asset

Some remain optimistic that cryptos like Bitcoin (BTC) will remain a top choice for hedging amidst the uncertain global situation. Some analysts think that drastic price movements are just short-term symptoms and the market will adjust quickly. In addition, the growing adoption of cryptocurrencies in various countries is considered to strengthen crypto’s position as the digital asset of the future.

These events also show how political and economic news can easily affect crypto market sentiment. Therefore, an in-depth understanding of global dynamics is crucial for anyone looking to venture into the world of cryptocurrencies. High volatility is indeed a major risk, but on the other hand, it also opens up opportunities for experienced investors.

Conclusion

President Donald Trump’s military strike on Iran had an instant impact on the crypto market, with the price of Bitcoin slipping below USD 101,000 (approximately Rp1.664 billion). However, the quick recovery and growing interest in cryptocurrencies attest to the appeal and resilience of the digital asset market. In the midst of geopolitical turmoil, crypto is still an asset that counts both as an investment instrument and wealth protection.

Also Read: Sharp ADA Decline Amid Geopolitical Tensions, What’s the Impact? (23/6/25)

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*Disclaimer

This content aims to enrich readers’ information. Pintu collects this information from various relevant sources and is not influenced by outside parties. Note that an asset’s past performance does not determine its projected future performance. Crypto trading activities are subject to high risk and volatility, always do your own research and use cold hard cash before investing. All activities of buying andselling Bitcoin and other crypto asset investments are the responsibility of the reader.

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