Iran Reaction to US Airstrike: Bitcoin Bounces Back as WW3 Approaches
How will Iran react to the U.S. airstrikes? President Donald Trump has just targeted and bombed Iran’s Fordow, Natanz, and Isfahan nuclear facilities, then called for tranquility. He has effectively declared war; there’s no turning back.
In retaliation, crypto markets exhibited market fluctuation and unpredictability akin to that of the U.S. president, with Bitcoin plummeting to $100,945 almost instantly, wiping out $40 billion from the overall crypto market before stabilizing at $102,350.
Meanwhile, Iran condemned the attacks as a breach of the Non-Proliferation Treaty. It responded with missile strikes deep into Israeli territory as the region edged closer to total war. What further developments can we anticipate from this conflict, and what will be the broader effects on global equities, crypto asset, and the world markets?
Escalating Tensions: Iran-Israel Missile Strikes
Following the U.S.-Israel-led assault on Saturday, Iran allegedly executed two waves of missile attacks, comprising 27 strikes, impacting regions from the Golan Heights to upper Galilee and Tel Aviv.
Israeli officials confirmed damages at ten different locations, with significant effects in urban areas such as Haifa and Tel Aviv. Emergency responders reported 16 injuries as they searched through the devastated sites.
This marked the first instance where Iran’s missile tactics included rapid succession attacks, heightening the ongoing exchange of fire.
Donald Trump to Barak Ravid a few hours ago: “We achieved a great success tonight. Israel is now much safer.”
Israel now: pic.twitter.com/d3GSZ3dLmM
— Daily Iran Military (@IRIran_Military) June 22, 2025
President Trump quickly declared a win.
“We have successfully executed our attack on the three nuclear sites,” he tweeted, lauding American forces as unparalleled worldwide.
In response, Iran strongly condemned the action. Its Atomic Energy Organization branded the airstrikes as an “evil plot” and criticized international regulators like the IAEA for their silence.
Crypto Markets React to the Geopolitical Turmoil
Bitcoin reacted negatively to the developments. Just minutes after Trump confirmed the airstrikes, Bitcoin dropped to $100,945. It then showed a slight recovery to $102,350, but not before erasing $40 billion from the crypto asset crypto market.
Current momentum indicators imply that the crypto market remains uneasy:
I love watching people panic over a -5% “Bitcoin crash”.
BTC isn’t volatile.
You just don’t grasp what stability resembles after over 100 years of fiat delusion.
— Adam Livingston (@AdamBLiv) June 22, 2025
BTC’s position appears fragile at $102K, a benchmark it has faced multiple times this week. The emergence of a death cross, with the SMA sinking below the 200-day trend line, contributes to the bearish outlook. Bollinger Bands, which expanded briefly during the drop, have contracted again, historically signaling a prelude to the next downturn.
Historically, when BTC remains relatively quiet for extended periods, it often precedes significant upward movements.
In the meantime, Iran has reaffirmed its commitment to advance its nuclear ambitions while discouraging foreign interference.
What Lies Ahead for WW3?
With tensions escalating rapidly, the repercussions may well extend beyond Iran’s confines. Possible retaliatory actions against U.S. military installations or allied regions are a genuine threat. Although the IAEA has yet to respond, geopolitical experts are already strategizing on potential scenarios if Russia or China escalate actions regarding Ukraine or Taiwan amid the turmoil.
As uncertainty mounts, investors are hedging significantly. It wouldn’t be surprising if BTC continues to rise.
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Key Takeaways
- In reaction to the Iran-U.S.-Israel conflict, crypto markets were as tumultuous and unpredictable as the U.S. president
- Traditionally, when BTC maintains a period of relative quietude, it serves as a precursor to rapid price increases.
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