Is Bitcoin Price at Risk of Crashing After Fresh US Strikes on Iran?

Frank bevah
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.
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Is Bitcoin Price at Risk of Crashing After Fresh US Strikes on Iran?

Highlights

  • Bitcoin price held near $77K despite fresh US-Iran military tensions rising.
  • Crypto funds saw heavy outflows as investors reduced risk exposure.
  • BTC must reclaim $79K to strengthen its short-term bullish outlook.

Bitcoin price stayed near $77,000 on Tuesday as traders watched fresh tension between the United States and Iran. Ethereum remained above the $2,000 mark, and XRP hovered at $1.35 mark. 

Other crypto market coins such as SOL, DOGE, ADA, and DOGE were moving sideways as the broader crypto market remained on sideways trend following fresh U.S. airstrikes.

US Launches New Strikes on Iran

Bitcoin price holds near $77K as US-Iran tensions, fund outflows, and $79K resistance shape BTC’s next move today ahead.

The U.S. on Monday conducted fresh strikes in southern Iran. The targeted operation was against missile launch sites and boats believed to be involved in mine-laying. The U.S. Central Command stated that it was a self-defense move. The strikes were meant to safeguard American soldiers against Iranian threats, it said.

The attack added to the uncertainty of the global markets. Geopolitical tension typically reduces risk appetite, and crypto traders have been closely following the news

Iran’s Islamic Revolutionary Guard Corps, or IRGC, has claimed it shot down a U.S. drone that was flying over Iranian airspace. State media also reported that Iran fired at a fighter jet and another drone. It wasn’t clear in the reports when the incidents occurred. Iran also had the right to retaliate against ceasefire violations.

Bitcoin and Ethereum started higher than Monday despite the military escalation. This indicated that prices of cryptocurrencies were less volatile in response to Middle Eastern news. However, the confidence in the markets has remained fragile, while the peace talks have remained ongoing in Qatar.

Senior Iranian officials reportedly came to Qatar for talks on a possible deal. Easing pressure across risk assets could be eased if progress occurs. But if more strikes or retribution occurs, sentiment could easily be reversed. Traders are focused on whether Bitcoin will be able to sustain its $77,000 support level.

Bitcoin Funds See Biggest Weekly Outflow of 2026 Amid Market Fear

Bitcoin funds saw their biggest weekly withdrawals of the year on 2026, with digital asset products down $1.47 billion last week. CoinShares data revealed that Bitcoin products lost $1.315 billion, whilst Ethereum funds lost $223 million. 

Is Bitcoin Price at Risk of Crashing After Fresh US Strikes on Iran?
Source: Coinshares data

This was the third-largest weekly withdrawal amount of crypto funds this year. The pressure was attributed to risk-off sentiment, triggered by tensions surrounding Iran. This week too, outflows were destined to spread to Switzerland, Canada, Hong Kong, and the United States.

Will Bitcoin Price Hold $77K or Drop Back to $75K?

As of the reporting, the BTC price traded at $77,686 on the 4-hour chart, gaining 0.74%. Bitcoin rallied above $77,500 following the recent sell-off before slight corrections. 

 The latest future Bitcoin outlook rose above the midrange area around $77,500. If bulls hold this level, BTC could retest the $79,000 resistance next. If a clear breakout occurs above $79,000, that could lead up to $81,000.

The RSI was close to 57.80, indicating improving buying momentum. It remains below overbought levels, leaving room for further upside. 

The CMF indicator rose to 0.42 in the meantime. This indicates that the capital flow into Bitcoin was more robust during the recent rally. 

Is Bitcoin Price at Risk of Crashing After Fresh US Strikes on Iran?
Source: Tradingview

Bitcoin has recently bounced back from there as a result of a major price decline. If BTC loses $77,500 again, sellers may target $75,000. If the BTC fails to maintain a $75,000 level, it will move towards the lower level of $73,500.

Investment disclaimer: The content reflects the author's personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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Max Supply

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About Author
About Author
Frankbevah is a senior crypto market analyst and stock Journalist with four years of industry experience. He focuses on in-depth market analysis, emerging trends, and real-time developments across cryptocurrency and equity markets.