The US government has laid out military options to secure Iranian nuclear sites, and the crypto market is paying attention. Bitcoin has been no exception.
The Trump administration’s consideration of sustained aerial strikes and potential operations to neutralize Iran’s stockpile of 60% enriched uranium, reportedly around 440.9 kg, marks a significant escalation in a conflict that has simmered for years.
The crypto market’s war premium
Bitcoin dropped below $104K following announcements of coordinated US-Israel military operations, contributing to over $700 million in liquidations.
The operations, dubbed “Operation Rising Lion” and “Epic Fury,” have targeted key Iranian nuclear facilities including Natanz, Fordow, and Isfahan. Israeli Defense Minister Israel Katz confirmed the coordination between US and Israeli forces aimed at degrading Iran’s nuclear capabilities.
