BITCOINNEWS

Hormuz Shock Triggers Bitcoin Price Crash: Why $95K Is Imminent Now?
If you're wondering why Bitcoin suddenly dropped below the $100,000 mark, the answer isn’t just about charts or technicals — it’s geopolitics.
On June 23,  this cryptocurrency crashed to $98,200, sending crypto markets into a mini freefall. The trigger? Iran's parliament approved legislation to close the Strait of Hormuz, the world's most important shipping route of oil.  
Even though the decision will ultimately be made by the Supreme National Security Council, the move caused immediate panic in world markets.
For crypto traders, this $BTC news today became a clear reason why Bitcoin is falling. Risk-off sentiment swept through exchanges, and Bitcoin price crash to $95,000 headlines flooded crypto news portals.
Hormuz Crisis Triggers Bitcoin Price Crash Below $100K — But Why?
According to latest reports from Wu Blockchain, the Strait of Hormuz handles over 20% of global LNG trade, with a majority flowing to Asia (especially China and India). Only 15% of supply goes to Europe, but the psychological impact on energy markets has been massive.
This sudden geopolitical shock explains the intensity of the price correction. Within hours of the announcement, more than $1 billion in crypto positions were liquidated. 
The recent price action reflects not just crypto-specific triggers, but how Middle East conflicts like the Iran Israel war conflict can now cause real-time crypto volatility.
What’s more interesting is that this drop wasn’t completely unforeseen.
BTC Under $100K: Analyst Cas Abbe Prediction Nearly Came True
This week’s news also highlighted the accuracy of crypto analyst Cas Abbe, who warned of a worst-case dip to $93K–$94K just one day before the drop.
“People thought April’s tariff news was the bottom, but BTC actually hit the real bottom days later,” Abbe wrote on X. “This could play out the same.”

Source: Cas Abbe
And it almost did. The coin didn’t touch $94,000, but dropped to $98,000, validating his cautious outlook. The Cas Abbe BTC prediction gained traction as it mirrored April 2025’s market drop, which was followed by a delayed bottom four days later. However as per my analysis being a crypto analyst, looking at the technical aspect and price charts, the dip to $95,000 or $94,000 is not far away now.
Rebound or Trap? BTC Is Back at $101K — For Now
By the time U.S. markets reopened, this token had clawed its way back above $101,000. On paper, that sounds like a strong rebound. But underneath, the market still looks fragile.

Source: Coin Bureau
Here’s what the BTC liquidation chart is saying according to Coin Bureau reports:
If BTC moves above $102.5K, over $1 billion in short positions could get blown outIf it slips back below $100,000, $345 million in long positions are at risk
Bitcoin Price Prediction June Target and Beyond
With that in mind, let’s break down where it could head next, based on momentum, macro, and past behavior.

Source: TradingView
Short-Term (Next 3–7 Days): $98,000 – $95,000
As per coingabbar analysis observing tradingview charts suggests, Given the oversold RSI at 39.84 and bearish MACD, Expect sideways action or mild volatility soon.
Mid-Term (2–3 Weeks): $102,000– $106,000
If buyers defend the $100,000 level and RSI begins to rise, it could start crawling back toward resistance. This would likely depend on global sentiment and upcoming U.S. economic data.
Bitcoin price target for 2025 still leans bullish, but only if it holds current support levels.
Final Thoughts: Bitcoin Latest News Signals Volatility Ahead
The current Bitcoin price crash is not just a normal correction. It reflects how closely digital assets are now tied to geopolitical flashpoints like the Iran–Israel war conflict and energy supply chain risks.
So why Bitcoin is falling today has more to do with politics than price patterns, but one thing is certain: The $BTC under $100,000 zone isn’t just psychological — it’s the line in the sand. Bulls and bears are circling, and the next breakout (or breakdown) could be violent.
In the end, whether it rebounds or sinks further will depend less on charts — and more on headlines. The world is watching, and so is the market.
Visit:- CoinGabbar
#cryptonews #btcnews #bitcoinnews

1. 🚨 What’s Changing: Higher Costs on Imported ASICs and Gear
Tariff hike on Chinese-made rigs: As of April 2025, U.S. tariffs on Bitcoin $BTC mining hardware from China have surged to as much as 145%, combining layers of baseline, retaliatory, and reciprocal levies  . That means a $10,000 Chinese ASIC now carries an extra $14,500 in tariffs.Southeast Asia pause — but still pricey: Countries like Thailand, Malaysia, Indonesia, Vietnam, Cambodia, and South Korea enjoy a temporary 90‑day reduction to a flat 10%, down from previously threatened 24–49%.Universal baseline still applies: Even during the pause, a 10% tariff remains on almost all imported mining equipment.Bottom line: U.S. miners now face dramatically higher capital expenditures unless they source equipment from exempt countries — an expensive short‑term workaround.
2. What Isn’t Changing: Bitcoin $BTC Network Resilience & Tariff Exemptions
Mining network remains secure: Experts agree that these tariffs don’t threaten Bitcoin’s $BTC global network integrity.Some electronic gear excluded: The “Liberation Day” tariff exemptions include “smartphones, computers and various electronic parts,” but ASIC miners aren’t on that list.National security carve-out in progress: Groups like the Digital Energy Council are petitioning the Commerce Department to reclassify ASIC miners as standard computing equipment — potentially exempt from tariffs . That process is underway but not finalized.
3.Industry Responses: Adaptation in Motion
Stockpiling rigs: U.S. miners rushed imports ahead of the 90‑day tariff implementation and are taking advantage of the pause window.Domestic production ramp-up: Major ASIC firms — Bitmain, Canaan, and MicroBT — are opening or expanding manufacturing in the U.S. to sidestep tariffs.Supply chain fragmentation: While localized production increases resilience, full vertical integration (components to assembly) remains elusive.Shifting mining geography: With U.S. costs climbing, miners are exploring alternatives like Canada, Kazakhstan, Brazil, Ethiopia, and Paraguay.
4. Long-Term Impacts: A Fork in the Road:
🔧 Rising CapEx & Slower U.S. Buildout
Tariffs amplify hardware costs (30–40% of mining expenditures), dampening new domestic projects.
📉 Hashrate Balance Could Shift
While U.S. still holds over 37–40% of global hashrate, growth could slow or reverse as miners chase cheaper environments.
🏭 Domestic Industry Gains
Local manufacturing boosts jobs, security, and supply reliability — but U.S. costs remain higher than Asia, so scaling will be gradual.
⚖️ Regulatory & Economic Uncertainty
Policy volatility — evolving tariff negotiations and possible reclassifications — forces miners to remain nimble.
5. What Won’t Be Affected by Tariffs:
Hash power security: Bitcoin’s decentralization and technical security remain unimpacted.Global chip supply: Tariffs don’t impede chip production, just final assembly and circuit integration — supply chains will adapt over time.Crypto market sentiment: Tariffs alone won’t drive long-term price trends — broader macro and geopolitical factors prevail.

#BitcoinMining #CryptoMining #USTariffs #BitcoinNews #ASICMiners

Bitcoin (BTC) has staged a sharp recovery, surging above $104,000 in early trading hours following a temporary ceasefire announcement by President Donald Trump, signaling a reduction in geopolitical tensions that recently rattled global markets.BTC is now trading firmly above the key $102,500 level and the 100-hourly simple moving average, after rebounding from last week’s intraday low of $98,277. The bounce has been supported by a decisive break above a bearish trendline resistance at $101,500, as per chart data from Kraken.
Ceasefire Spurs Risk-On Sentiment Across Markets
The ongoing conflict between the U.S. and Iran sent shockwaves through both crypto and equities last week, with Bitcoin tumbling below the $100,000 psychological level for the first time since May.
However, Trump’s ceasefire declaration over the weekend appears to have renewed optimism, leading to a shift toward risk assets. Bitcoin led the digital asset rebound, breaking past the $102,000 and $103,200 resistance zones before stalling near the $106,000 mark.
BTC Technical Setup: Key Resistance and Support Levels
Bitcoin is currently trading near the 76.4% Fib retracement level of the decline from the $106,470 swing high to the $98,277 low, signaling strong buying interest. A close above the $106,500 resistance could trigger another leg up toward the $108,000 zone, with further gains opening the door to a potential rally toward $110,000.
Immediate resistance:
$106,000$106,200Key breakout level: $106,500
Support levels to watch:
$104,000$103,500$102,500Critical support: $100,000
According to technical indicators, the hourly MACD is showing a slowdown in bullish momentum, while the hourly RSI remains comfortably above the neutral 50 level, suggesting the bullish trend could continue if no fresh risks emerge.
What Happens If BTC Fails to Break $106,500?
Failure to clear the $106,000–$106,500 resistance range could lead to renewed selling pressure. Analysts warn of potential downside risk toward $102,500, with a breach of the $100,000 support likely to accelerate losses.
However, market sentiment has turned cautiously optimistic as long as Bitcoin maintains its position above $102,500 in the short term.
Final Thoughts
Bitcoin’s rebound comes as geopolitical tensions ease, offering a moment of relief for traders and investors. The market’s next focus will be whether BTC can decisively flip the $106,500 resistance, potentially resuming its march toward new highs.
The coming days could prove pivotal for Bitcoin’s short-term trajectory, especially as global macro conditions continue to evolve and U.S. monetary policy expectations remain fluid.
The post appeared first on CryptosNewss.com
#BTC #BitcoinPricePredictions #BitcoinNews $BTC

U.S. & Israel Strike Iran | Strait of Hormuz at Risk | Crypto Crashes

The global financial system is shaking under the pressure of rapidly intensifying geopolitical tensions.
Here's what just happened — and why you should be paying very close attention 👇

🛑 What Happened?

The U.S. has reportedly joined Israel in launching coordinated attacks on Iranian nuclear facilities.

In retaliation, Iran has threatened to block the Strait of Hormuz, the most critical oil shipping lane in the world.

This narrow passage carries over 20% of the global oil trade — any disruption could send shockwaves across every major market.

📉 Immediate Impact on Crypto:

💣 Bitcoin fell sharply below $100,000, signaling extreme fear among investors.

🩸 Ethereum dropped nearly 10%, with major altcoins tumbling in tandem.

💥 A massive $240 Billion has been erased from the global crypto market in just hours.

🔐 Reports emerge of a $100M hack at Nobitex, Iran’s top crypto exchange, adding to the panic.

💹 Macro Market Volatility:

📈 Oil prices are surging as traders brace for supply disruptions.

📉 Global stock markets opened in the red, and safe-haven assets like gold are spiking.

🧠 Risk-off sentiment is spreading rapidly across both traditional and digital markets.

🔍 What Traders Need to Know Now:

🚫 Avoid chasing pumps or panic-selling — volatility is unpredictable.

⚠️ Leverage with caution — liquidations are surging on all major exchanges.

🔐 Secure your funds — especially on smaller or regional exchanges during unstable periods.

🌐 Watch for updates on OPEC meetings, sanctions, or cyber retaliation, all of which could shift momentum fast.

💬 Analyst Warning:

If Iran follows through on its threat to close the Strait of Hormuz, the world could face:

A massive oil price spike above $150 per barrel

Liquidity crises in risk markets

More panic selling in crypto and equities

This isn’t just another dip — this is a macro shock with global implications.

✅ Final Takeaway:

This is one of the most highly volatile, geo-politically driven crypto market environments we’ve seen in recent years.
Staying informed, acting cautiously, and managing your risk is not optional — it’s survival.

Follow us for real-time market alerts, trade setups, and macro breakdowns.

🔖 Hashtags:

#CryptoCrash #StraitOfHormuz #BitcoinNews #MacroInsights #CryptoMarket
$BTC