Bitcoin crashed below $ 100,000 in the midst of American air strikes on Iran and market sale

The main market crypto, Bitcoin (BTC), fell below the $ 100,000 mark for the first time in more than a month on Sunday, after American air strikes on Iran while conflicts in the Middle East continue to degenerate.

This drop, which saw the price of bitcoin drop by around 4% to around $ 99,300, coincided with a wider market sale, with Ethereum (ETH) knowing an even clearer drop by almost 10%. Overall, the total cryptocurrency market took a significant blow, decreasing by around 7% in just 24 hours.

Geopolitical disorders and tariff disorders

The time of this slowdown was particularly notable, occurring only a few hours after the United States target Three key nuclear sites in Iran. Tensions had increased following a United Nations report which indicates that Iran did not respect international prohibitions to develop a military nuclear program.

In response to these revelations, Israel has carried out strikes against Iran, resulting in new reprisals from the Islamic Republic. On Saturday, President Donald Trump said on social networks:

It is a historic moment for the United States of America, Israel and the world. Iran must now agree to end this war. THANK YOU!

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This recent fall below the psychologically significant threshold of $ 100,000 follows a year of substantial gains for bitcoin. After Trump took office in January, Bitcoin reached heights of all time over $ 100,000 in February, supported by decrees aimed at supporting the cryptocurrency sector.

However, the cryptocurrency prize quickly reflected the wider reductions in the financial markets, especially after Trump announced serious prices in April, which saw Bitcoin fall to almost $ 75,000, its lowest point in 2025.

Despite this volatility, Bitcoin had seen a resurgence, especially in May when she reached new heights while Wall Street investors returned to cryptocurrency by us Fund negotiated in exchange (ETF).

However, at the end of Sunday, there were signs of recovery, Bitcoin negotiating about $ 101,300, down only 1% compared to the day before, while ETH managed to reduce its losses to around $ 2,200.

Forced liquidations exacerbate the sale of bitcoin

According to For CNBC, Iran has also threatened to block the Hormuz Strait, a crucial shipping route responsible for approximately 20% of the global oil supply, adding more to broader financial uncertainty.

JPMorgan warned that such a blockade could generate oil prices up to $ 130 a barrel, which would have important implications for American inflation, which can postpone it around 5% – a level not seen since March 2023.

While Bitcoin has often been promoted as an inflation coverage, its recent behavior aligns more closely with that of high beta technological actions. Crypto Kaiko’s data from the Crypto Kaiko supplier indicates that Bitcoin correlation with Nasdaq -rich Nasdaq has increased sharply in recent weeks, especially after the outbursing of the Bitcoin ETF.

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Institutional investment models have also changed. More than $ 1.04 billion has flowed into the FNB Bitcoin Spot from Monday to Wednesday from last week, but this momentum dissipated as the weekend approaches, with a minimum net movement Thursday and only $ 6.4 million on Friday.

The technical aspects of the market have further exacerbated the sale. Coinglass research has revealed that the drop in bitcoin below $ 99,000 has triggered forced liquidations on offshore derivative platforms, including binance and appeal.

During this period, more than a billion dollars in cryptographic positions were liquidated within 24 hours, with more than 95% of them from long positions, stressing the overexposure of the market.

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