Bitcoin Drops $1.1K as Geopolitical Tensions Shake Markets
Share:
Bitcoin plunged $1,100 in 30 minutes after reports the US was planning strikes on Iran’s energy infrastructure and President Trump threatened to destroy Iranian power plants if the Strait of Hormuz isn’t reopened by Tuesday, triggering acute crypto market volatility and wiping out technical setups. Polymarket prices assign just a 1% chance of Bitcoin reaching $100K in April, signaling heightened geopolitical risk, downside pressure for BTC price, and elevated trading risk for CEXs/DEXs and crypto participants.
Predictions Markets
See what traders are focused on
- Bitcoin price fell after reports of planned US strikes targeting Iran’s energy infrastructure.
- Trump threatens to destroy Iran’s power plants if the Strait of Hormuz is not reopened by Tuesday.
- Polymarket gives just 1% chance of Bitcoin hitting $100K in April amid war-driven uncertainty.
Bitcoin dropped $1,100 in 30 minutes on Monday after reports emerged that the US military was actively planning strikes on Iranian energy infrastructure. No stock market was open. No bond desk had time to react. But Bitcoin had already moved.
An analyst said that every technical setup, every support level, every chart pattern can be wiped out by a single speech or post from the President.
What Trump Actually Said
The statements coming out of Washington this week have been extraordinary even by recent standards.
President Trump said publicly that the United States could …
Read The Full Article Bitcoin Drops $1.1K as Geopolitical Tensions Shake Markets On Coin Edition.
Read More
Bitcoin ETFs Lose $3B in Record Ten-Day Outflow Streak as Investors Shift Focus
