Crypto Market Crash: U.S.-Iran War Triggers Bitcoin Drop Below $101K and Sparks Panic Selling
The global cryptocurrency market plunged into chaos late Saturday, June 21, after U.S.
President Donald Trump confirmed a series of airstrikes on Iranian nuclear sites. The military action immediately triggered a sharp sell-off, sending Bitcoin (BTC) to a low of $100,945 before rebounding slightly.
Within hours, over $40 billion in market capitalization evaporated across the crypto space, highlighting investor sensitivity to geopolitical risk.
Bitcoin Price Reacts to U.S. Military Strike
The dramatic turn of events unfolded when President Trump took to Truth Social at 7:50 p.m. EST, stating, “We have completed our very successful attack on the three Nuclear sites in Iran, including Fordow, Natanz, and Esfahan. Congratulations to our…