Bitcoin has crashed below the $100K mark, sinking to $99,627 after the U.S. launched surprise airstrikes on Iran’s nuclear facilities. The news hit late Friday night, and within hours, the crypto market turned red across the board.
Bitcoin price crashed 6% in a day with market cap currently standing at $1.98 trillion, with 24-hour trading volume valuing at $57.41 billion.
The strikes, which targeted Fordow, Natanz, and Isfahan, rattled risk markets. Bitcoin had been holding above $100K for over 40 straight days. That streak is now over.
Ethereum dropped fast, to just above $2,200. Solana fell through $129. The total crypto market cap has crashed around 5%, currently valued at $3.04 trillion.
Over $1 billion got liquidated in the span of 24 hours. The biggest hits landed on BTC, ETH, and SOL. Volume spiked. Bitcoin’s 24-hour trading volume shot up more than 33%, a clear sign that panic selling took over.
This wasn’t just about one headline. The chance of an Iranian counterattack is being openly discussed. Some sources are putting it at 66%, and that kind of uncertainty is enough to flip sentiment instantly.
A few days ago, the market was riding high, clean charts, strong inflows, and confidence in ETFs. That mood is gone. Right now, it’s about defense. Bitcoin is hovering just above $99K. If things worsen, $95K or even $92K could be next.
Outside crypto, oil jumped past $91. Gold is moving. The dollar’s climbing. It’s a classic shift to safe havens, risk is out, fear is in.
The weekend isn’t over. And with the way things are moving, no one’s getting a break. Crypto’s watching every move out of Tehran and Washington. The next 48 hours are going to matter, a lot.
Also Read: Crypto Market Crash! Bitcoin nears 100K, ETH, XRP, SOL, DOGE Falling