As former U.S. President Donald Trump claimed that the United States will have the "final say" on ending military actions against Iran, geopolitical tensions escalated, adding new uncertainty to an already volatile market. This affected cryptocurrencies, with Bitcoin's price dropping from approximately $79,000 to nearly $68,000 during the conflict. Although there has been no widespread panic selling, Bitcoin's liquidation volume within 24 hours has exceeded $396 million. Crypto trader Captain Faibik warned that if Bitcoin breaks below the current channel support level and confirms a bearish pattern, the price could fall to around $55,000.

BTC2.63%
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