Recent military actions by the U.S. in Iran have disrupted the stability of the cryptocurrency market, leading to significant volatility and liquidations.
Market Turbulence
The cryptocurrency market has experienced substantial shocks following U.S. airstrikes on Iranian nuclear facilities, resulting in over $1 billion in liquidations across crypto assets. Bitcoin dropped below $100,000, breaking a 44-day rise above that threshold. Current trading focus is on key support levels of $100K and $92K, with resistance near $107K and $112K. The escalating war threat, possibly triggered by Donald Trump, has sent both crypto and traditional markets into turmoil.
Long-term Cryptocurrencies Outlook
Despite the chaos, Altcoin Daily analysts believe this dip is a buying opportunity. Historically, markets have rallied during wars thanks to increased government spending and money printing. While a full-scale war is unlikely, any de-escalation could trigger a significant rally. Analysts suggest that Bitcoin dipping into the low $90K or even $80K would not break market structure.
Growing Crypto Investment Interest in the Middle East
The Middle East continues to embrace cryptocurrency. Sovereign funds from Saudi Arabia to Bahrain are heavily investing in blockchain for national infrastructure. Meanwhile, Russia reportedly holds over $25 billion in crypto assets, quietly building its strategic reserves. Videos highlight how Bitcoin is increasingly being treated like 'physical gold' in times of uncertainty.
Price fluctuations driven by external politics may create an impression of uncertainty, yet Bitcoin's long-term potential remains strong. Given the growing institutional support and global adoption of blockchain technologies, the current dip is expected to be temporary.
