According to Cointelegraph, the escalation of the situation in the Middle East has led to another decline in the Bitcoin and cryptocurrency markets. 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 requested the National Security Council to be prepared in the White House Situation Room. According to Reuters, Trump returned to the U.S. early on Monday. U.S. News Secretary Karoline Leavitt confirmed that Trump left early due to the escalation of the Israel-Iran conflict.

The price of Bitcoin immediately dropped by 2%, from an intraday high of $108,780 to $106,421, before slightly rebounding. Since early May, Bitcoin has remained above six figures.