Israel attacks Iran, and Bitcoin drops below 64,000 dollars

It was no longer threats. Just a matter of days. The rumors caught fire on Saturday morning. The United States and Israel struck Iran. A “massive and continuous” operation, says Donald Trump. Missiles whistle over Tehran. And meanwhile, on traders’ screens, another war begins. Bitcoin plunges: heavily, quickly, below 64,000 dollars.

The black Saturday for bitcoin: 66,000 to 63,500 in a few minutes

Trump finally took action regarding Iran. First, the initial explosions. News channels report strikes on Tehran, Isfahan, Qom. Then the confirmation came, sharp as a baton blow. Benyamin Netanyahu speaks: 

Not long ago, Israel and the United States launched an operation to eliminate the existential threat posed by the terrorist regime in Iran.

Traditional markets are closed. On Saturday, nothing moves on Wall Street. However, bitcoin remains open. It bears the full weight of global panic. In a few minutes, it falls from 66,000 to 63,500 dollars. 

The drop hurts. A lot. Now, no doubt: crypto reacts to missiles in real time. It has become the thermometer of global fear.

450 million liquidated: the other war rages in the order books

While bombs fall on Iran, another battle is underway. Silent. Ruthless. That of liquidations. The figure drops, staggering: 450 million dollars wiped out in twenty-four hours. Including 185 million in the single hour following the attack. Long positions, bets on the rise, annihilated with one click. Many had positioned themselves in recent days. 

Bitcoin had been trading between 62,500 and 70,000 dollars since Wednesday. A classic consolidation. A perfect trap. Then the strikes arrived. And everything exploded. Ironically: bitcoin, the asset once said to be independent, disconnected from banks, reveals its fragility. 

A missile in Iran, and thousands of traders in Seoul, London or New York lose their stakes. Ultimately, crypto is not a refuge. It is a mirror. And that day, the mirror showed a world on fire.

The plunge in numbers

• Bitcoin drop: from 66,000 $ to 63,500 $ in a few minutes;
• Total liquidations: 450 million dollars over 24 hours;
• Liquidations in one hour: 185 million just after the attack;
• Targets of strikes: Tehran, Isfahan, Qom, Karaj, Kermanshah;
• 63,834 dollars: BTC price at the time of writing.

Despite this plunge, experts emphasize a crucial point. The four-year bitcoin cycle holds firm. On-chain signals become coherent again. The deep structure resists. Missiles shake prices, not fundamentals. Fear passes. The cycle remains.