The cryptocurrency market experienced a sharp decline following US President Donald Trump's announcement of airstrikes on Iranian nuclear sites. Bitcoin fell below $100,000 for the first time in over a month.
Bitcoin Falls Below $100,000
Bitcoin dropped to $99,822 in response to Trump's declaration regarding the airstrikes in Iran. This news impacted trading, causing panic in the market.
Crypto Market in the Red
Following the news, Bitcoin lost over $3,000. XRP dropped to $1.8, marking a 3.1% decline, while Ether decreased to $2,201. Solana experienced the largest drop, falling more than 5% to $121.
Consequences and International Response
The situation in Iran and the responses from both sides continue to escalate the conflict. Iranian Foreign Minister Abbas Araqchi stated that negotiations with the US are impossible while attacks persist.
The cryptocurrency market remains under pressure due to developments in Iran, leading to significant price fluctuations. The market is awaiting further developments.
