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Israel
attacks
Iran,
and
Bitcoin
drops
below
64,000
dollars
10h35
▪3min
read
▪
byMikaia
A.
Getting
informed▪Bitcoin
(BTC)Summarize
this
article
with:ChatGPTPerplexityGrok
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.
Read
us
on
Google
News
In
brief
The
United
States
and
Israel
launched
a
massive
attack
on
Iran
on
Saturday,
February
28.
Bitcoin
fell
from
$66,000
to
$63,500
within
minutes
of
the
announcement.
Liquidations
reached
$450
million,
including
$185
million
in
one
hour.
Netanyahu
justified
the
operation
to
eliminate
the
Iranian
“existential
threat.”
The
black
Saturday
for
bitcoin:
66,000
to
63,500
in
a
few
minutes
Trump
finally
took
action
regardingIran.
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.
Your
1st
cryptos
with
CoinbaseThis
link
uses
an
affiliate
program.
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
priceat
the
time
of
writing.
Despite
this
plunge,
experts
emphasize
a
crucial
point.
Thefour-year
bitcoin
cycleholds
firm.
On-chain
signals
become
coherent
again.
The
deep
structure
resists.
Missiles
shake
prices,
not
fundamentals.
Fear
passes.
The
cycle
remains.
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your
Cointribune
experience
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A
A
Lien
copié
Mikaia
A.
La
révolution
blockchain
et
crypto
est
en
marche
!
Et
le
jour
où
les
impacts
se
feront
ressentir
sur
l’économie
la
plus
vulnérable
de
ce
Monde,
contre
toute
espérance,
je
dirai
que
j’y
étais
pour
quelque
chose
DISCLAIMER
The
views,
thoughts,
and
opinions
expressed
in
this
article
belong
solely
to
the
author,
and
should
not
be
taken
as
investment
advice.
Do
your
own
research
before
taking
any
investment
decisions.