Following US Strikes on Iran, Bitcoin Drops Below $77,000

Bitcoin is currently falling below 77,000 dollars as tensions between the United States and Iran escalate. Causing a surge in oil prices, which have risen above 93 dollars. More than ever, a clear correlation between safe haven assets and crypto emerges.

As Geopolitical Tensions Rise, Bitcoin Retreats Between the United States and Iran

Bitcoin experiences an alarming drop this Tuesday, September 2, 2026, falling below the 77,000 dollar mark. This occurs while U.S. strikes on Iran push oil prices above 93 dollars. A 1% drop of BTC within a few hours takes place in a risky geopolitical context. And unfortunately, financial markets react nervously.

Recent tensions in the Middle East intensify fears of a disruption in oil supply. Pushing investors to turn to gold and other traditional assets considered safe havens. Bitcoin, often described as digital gold, also faces downward pressure. This shows increased sensitivity of the crypto queen to external shocks. To make things worse, U.S. Treasury bond yields have climbed to around 4.8%! Further increasing pressure on risk assets, including cryptos.

Gold vs. Bitcoin: Two Different Responses to the Crisis, Two Safe Haven Assets

Oil and gold often tend to rise during times of crisis. Bitcoin, however, appears to behave in a more volatile and… less predictable way. Recent data shows that unlike the golden metal which resists rising tensions, BTC retreats. Confirming a decoupling between these two assets. A divergence partly explained by bitcoin’s speculative nature which remains extremely sensitive to liquidity movements and monetary policy expectations, such as those from the Fed.

In times of extreme uncertainty as is currently the case, traders seem to be reallocating their portfolios towards more stable assets, notably gold. Some analysts however point out that this decoupling may be temporary as bitcoin retains its long-term safe haven value potential. The coming days will be crucial to observe whether BTC manages to stabilize or, in the worst case, continues its downtrend.

Bitcoin thus remains under pressure amid the current escalation of tensions between the United States and Iran. Meanwhile, oil and gold benefit from the crisis. A temporary decoupling emerges, opening debate on the real role of BTC as a safe haven asset.