Bitcoin drops after Israel airstrikes Iran early Saturday, shaking global markets and triggering a sharp crypto sell-off. Reports confirm that Israel launched preemptive airstrikes on Iran, targeting what it called serious security threats. Israel described the operation, named Epic Fury, as pre-emptive. Soon after, US officials confirmed the operation was a joint action between Israel and the United States. Report say that Iran then launched missile strikes on a US naval base in Bahrain. They are attacking multiple U.S. military bases in Kuwait, UAE, Qatar, and Bahrain.
Washington has been increasing pressure on Tehran to agree to a new nuclear agreement. U.S. President Donald Trump said on Friday that he was “not happy” with Iran’s negotiating position. Analysts say rising tension around nuclear talks may have added to the urgency behind the strike.

Source: X (formerly Twitter)
Explosions were reported in Tehran, especially in central areas. Iranian airspace was closed. Israeli media claimed that intelligence headquarters and key government facilities were targeted. Sirens sounded across as a nationwide state of emergency was declared. The sudden Israel Iran attack has raised fears of a broader regional war.
Bitcoin drops after the news spread across trading desks worldwide. The BTC price today fell more than 6% within minutes, sliding toward the $60,000 level. Traders described it as a fast bitcoin crash triggered by geopolitical panic.

Source: CoinMarketCap Chart
Charts showed heavy red candles as investors rushed to reduce risk. The crypto market followed, with major altcoins also falling. The reaction highlights how geopolitical war headlines can quickly move digital asset prices.
Unlike gold, which often rises during crises, bitcoin price crash movements showed that investors still treat crypto as a high-risk asset during sudden war shocks.
Bitcoin drops after Israel airstrikes Iran because markets fear bigger consequences. Analysts warn that a full Israel Iran war could disrupt oil supply routes. Oil prices may spike sharply, increasing inflation pressure worldwide.
When inflation risks rise, central banks may delay interest rate cuts. In such situations, investors often move money into cash, government bonds, and gold. Risk assets like tech stocks and cryptocurrencies usually face selling pressure.
The Nasdaq 100 Index also showed weakness, trading near 24,960 and slipping during the session. Tech stocks and cryptocurrencies often move together because both depend on investor confidence and liquidity.
The Israel Iran attack could benefit certain sectors. Oil-exporting nations may earn billions if crude prices surge. Defense companies could see increased demand for missiles, drones, and air-defense systems. Major global powers may gain strategic leverage.
However, ordinary citizens often face higher fuel costs, inflation, and market uncertainty. Headlines about explosions in Tehran are fueling global anxiety, especially across energy and financial markets.
The Houthi movement announced the closure of the Bab el-Mandeb Strait in the Red Sea and warned that it will target U.S. and Israeli ships. The Bab el-Mandeb is one of the world’s most important shipping routes for oil and global trade. Any disruption there could sharply increase oil prices and create further panic in financial markets.
Bitcoin price crashes after the attack and faces key levels. Immediate support is near $63,000. If that breaks, the next major level sits around $60,000. On the upside, it needs to reclaim $65,000 to regain short-term strength.
The trend is currently weak, and markets are reacting to headlines. If tensions calm, Bitcoin could stabilize. If Iran explosions Tehran and Israel US attacks continue, volatility may increase further.
YMYL Disclaimer: This article is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile. Always conduct your own research before making investment decisions.
Muskan Sharma is a crypto journalist with 2 years of experience in industry research, finance analysis, and content creation. Skilled in crafting insightful blogs, news articles, and SEO-optimized content. Passionate about delivering accurate, engaging, and timely insights into the evolving crypto landscape. As a crypto journalist at Coin Gabbar, I research and analyze market trends, write news articles, create SEO-optimized content, and deliver accurate, engaging insights on cryptocurrency developments, regulations, and emerging technologies.