Amid the latest U.S. airstrikes on Iran’s nuclear facilities, the crypto market has reacted with its characteristic risk-off behavior. Over the weekend, $BTC dipped below $100,000, shedding roughly 1% as traders fled volatile assets, while $ETH tumbled over 5% in the same period . Altcoins have borne the brunt of the sell-off major tokens like Cardano, Solana and AI-related coins fell between 5% and 10% as uncertainty gripped digital-asset investors.

Two forces are colliding here. First, geopolitical risk has spiked: oil prices jumped on fears of supply disruptions through the Strait of Hormuz, reminding markets that energy and inflation could accelerate . Second, crypto is still viewed largely as a high-beta asset, so it amplifies global risk sentiment. When headlines flash “bombers over Fordow,” algorithms and derivatives desks quickly deleverage to seek traditional safe havens like U.S. Treasuries or gold .

What might happen next? In the short term, further escalations retaliatory strikes or attacks on oil infrastructure could drive Bitcoin toward key technical supports near $95,000–$100,000, as some analysts warn of a sell-off to the mid-$90Ks if Iran responds forcefully. Liquidations are already stacking up: more than $670 million of crypto positions were wiped out in the past 24 hours as long‐only bets were force-closed.

Looking further out, history suggests that once the immediate shock passes and the dust settles, investors may “buy the dip.” Previous conflicts have triggered similar knee-jerk reactions, only for Bitcoin to resume its broader bull cycle once macro uncertainty eases. That said, this conflict could last longer, and central banks’ monetary policy responses whether the Fed delays rate cuts or signals further tightening will be critical in shaping crypto’s recovery or continued pain.

In these volatile hours, a balanced stance is wise: if you’re a long-term believer, view these levels as potential accumulation points; if you’re a trader, tighten stops and respect the market’s mood swings. Above all, stay informed