📰 Crypto & Geo‑political Market Impact
1. Trump confirms US strikes on Iranian nuclear sites
President Trump announced a “very successful” strike on three Iranian nuclear facilities, saying “Iran’s key nuclear enrichment facilities have been completely and totally obliterated” .
With traditional markets closed over the weekend, cryptocurrencies reacted immediately: Ether dropped over 5% and **Bitcoin fell ~1%** .
2. Bitcoin dipping below $102K—risking a deeper dive
As of June 22, BTC/USD slipped under $102,000, raising concerns that it could fall further, potentially to $93–97K based on support levels in order books .
Some traders see this as a pullback before another rally—past geopolitical shocks (e.g., Ukraine, Iran-Israel) have triggered BTC surges shortly afterward .
3. Medium‑term crypto trends
Earlier in the week, Bitcoin briefly climbed to ~$106K as tensions around Israel-Iran eased slightly, supported by broader risk-on sentiment .
But tune-in Tuesday showed another dip to approximately $106.1K, with Ether and Solana also retracing amid renewed caution .
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🔍 Key Takeaways
Immediate reaction: Bitcoin dropped ~1% on the news of US airstrikes.
Analyst outlook: BTC could test the $93–97K zone if the Middle East conflict intensifies—though a rebound is possible if panic subsides.
Historical context: Previous conflicts triggered short-term sell-offs followed by substantial rallies—some traders believe Bitcoin may repeat that pattern.
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📊 Where BTC stands now
At present, Bitcoin is hovering just above $102K. A dip below $100K isn't certain—but wouldn't be surprising if the geopolitical situation continues to worsen. On the flip side, if tensions ease or markets find a bottom, we could see BTC bounce hard.