According to Cointelegraph, the escalation in the Middle East has caused Bitcoin and the cryptocurrency market to decline again. U.S. President Trump left the G7 summit in Canada early and posted a warning message on Truth Social, urging an immediate evacuation of Tehran.

Trump has asked the National Security Council to be prepared in the White House Situation Room. According to Reuters, Trump returned to the United States early on Monday. U.S. press secretary Karoline Leavitt confirmed that Trump left early due to the escalation of the Israel-Iran conflict.

Bitcoin's price immediately dropped by 2%, from an intraday high of $108,780 to $106,421, before slightly recovering. Since early May, Bitcoin has been maintaining above six figures.