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#Bitcoin dropped over 3%, falling below $64,000, after Donald Trump announced the start of a large-scale U.S. military operation against Iran
Within the first hour following reports of the strikes, more than $200 million in long positions were liquidated across crypto exchanges, reflecting a sharp increase in volatility.
Geopolitical speculation also surged: trading volume on Polymarket for bets related to a potential U.S. strike on Iran exceeded $500 million, signaling intense market focus on the conflict.
The situation highlights how geopolitical shocks can quickly pressure Bitcoin and amplify forced liquidations.
#US #Trump #Iran $BTC