$BTC $ETH $BNB #DAOBaseAIBinanceTGE #FOMCMeeting #SparkBinanceHODLerAirdrop #BombieBinanceTGE #IsraelIranConflict Bitcoin and Altcoin plummet after Trump's threatening remarks about the assassination of Iran's leader escalate Middle Eastern tensions


Bitcoin has decreased by nearly 4% in the past 24 hours after former U.S. President Donald Trump posted on social media hinting at the possibility of the U.S. assassinating Iran's supreme leader, raising Middle East tensions to a new high.

Market developments:

  • Bitcoin (BTC):

    • Dropped to $103,630 (the lowest in 5 days)

    • Currently recovering slightly to $104,000

    • The downward trend began on Thursday after the Iran-Israel airstrike

  • Altcoin:

    • Ethereum (ETH): ~ $2,470 (down 6.5%)

    • Solana (SOL) & Cardano (ADA): Down ~7%

    • Dogecoin (DOGE): Lost 6.7% of its value

Underlying cause:

  1. Geopolitical factors:

    • Trump's threats raise concerns about large-scale armed conflict

    • Investors rush to sell risky assets (risk-off)

  2. Historical impact:

    • The crypto market is always sensitive to Middle East tensions

    • A similar sell-off occurred after the assassination of General Qasem Soleimani (2020)

Forecast: The market may continue to experience high volatility if tensions escalate, especially in the context of recent selling pressure from Bitcoin ETF funds.