Bitcoin has crashed below the $100K mark, sinking to $99,627 after the U.S. launched surprise airstrikes on Iran’s nuclear facilities. The news hit late Friday night, and within hours, the crypto market turned red across the board.
Source: CoinMarketCap
Bitcoin price crashed 6% in a day with market cap currently standing at $1.98 trillion, with 24-hour trading volume valuing at $57.41 billion.
The strikes, which targeted Fordow, Natanz, and Isfahan, rattled risk markets. Bitcoin had been holding above $100K for over 40 straight days. That streak is now over.
Ethereum dropped fast, to just above $2,200. Solana fell through $129. The total crypto market cap has crashed around 5%, currently valued at $3.04 trillion.
Over $1 billion got liquidated in the span of 24 hours. The biggest hits landed on BTC, ETH, and SOL. Volume spiked. Bitcoin’s 24-hour trading volume shot up more than 33%, a clear sign that panic selling took over.
This wasn’t just about one headline. The chance of an Iranian counterattack is being openly discussed. Some sources are putting it at 66%, and that kind of uncertainty is enough to flip sentiment instantly.
A few days ago, the market was riding high, clean charts, strong inflows, and confidence in ETFs. That mood is gone. Right now, it’s about defense. Bitcoin is hovering just above $99K. If things worsen, $95K or even $92K could be next.
Outside crypto, oil jumped past $91. Gold is moving. The dollar’s climbing. It’s a classic shift to safe havens, risk is out, fear is in.
The weekend isn’t over. And with the way things are moving, no one’s getting a break. Crypto’s watching every move out of Tehran and Washington. The next 48 hours are going to matter, a lot.
