Bitcoin slides below $ 100,000 after US attacks on Iranian nuclear sites

June 23, 2025 11:47 AM IST

After the US strike on Bitcoin Iranian nuclear features, more than 3.8% to $ 98,904 drowned in New York by 12:05 pm.

Bitcoin slipped below $ 100,000 for the first time since May and Ether drowned fast after President Donald Trump said that American bombers attacked Three main nuclear sites of Iran trigger risk lack in weekend trading in digital-asset markets.

File Photo - A bitcoin is seen in a illustration picture. (Source: Reuters) (Reuters)
File Photo – A bitcoin is seen in a illustration picture. (Source: Reuters) (Reuters)

Bitcoin drowned in New York from 3.8% to $ 98,904 in New York after the attacks. Ether, the second largest, the token dropped by 10% to $ 2,157, its lowest intra-day level since 8 May.

“Markets are nervous about the ongoing geopolitical development,” said Caroline Moron, co-founder of orbit markets, a provider of liquidity for crypto derivatives. He said that the focus of the markets will be largely on oil when the traditional markets are reopen.

The latest disadvantages come after Trump’s Iranian sites Fordow, Natanz, and Isfahan The operation was killed, especially described the “payload of bombs” dropped on Fordo, a major place of uranium enrichment that expressed international concern that Iran was preparing to make an nuclear weapon.

“Whether the US had strikes Iran or not, it caused a sales during the week and over weekend,” said General Partner Cosmo Jiang, General Partner of Pantera Capital Management.

The total liquidation of the crypto stake in the last 24 hours was more than $ 1 billion, according to data compiled by Curlinglass, respectively, $ 915 million and $ 109 million long and shut down in short positions.

Jiang said that bitcoin “goes to get out of the market out of the bounce in the time of geo -political uncertainty”.

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