In a dramatic escalation of Middle East tensions, the United States has launched military strikes against three nuclear sites in Iran. President Donald Trump announced that U.S. B-2 bombers had “totally obliterated” three key Iranian nuclear sites. The strikes, conducted in coordination with Israel, targeted facilities at Fordow, Natanz, and Isfahan. The operation marks the most direct American military intervention inside Iran in decades, reigniting fears of a wider conflict.
The news sent immediate shockwaves through global financial markets, including the cryptocurrency market. The price of Bitcoin, the world's largest cryptocurrency, reacted swiftly, briefly dipping to $100,945. This drop occurred as roughly $40 billion vanished from the crypto market within hours. However, the recovery was just as rapid, with Bitcoin stabilizing at $102,350 shortly after.
This volatility is not unprecedented. Historically, Bitcoin has shown resilience during times of geopolitical instability. While initial reactions to conflicts can lead to sell-offs due to risk perception, over the longer term, geopolitical conflicts can raise the prospects of higher inflation globally, which could benefit Bitcoin. For instance, following the start of the Israel-Iran war on June 13, 2025, Bitcoin saw a brief drop but largely recovered.
The U.S. strikes involved the use of B-2 Spirit stealth bombers, which are one of America's most advanced strategic weapons platforms. These aircraft are capable of entering sophisticated air defenses and delivering precision strikes against hardened targets like Iran's buried network of nuclear research facilities. Specifically, the use of 30,000-pound Massive Ordnance Penetrator (MOP) bombs, known as "bunker busters," was reported.
The Iranian side, through its Atomic Energy Organization, issued a statement that did not refute Trump's claims of obliteration but asserted that it “will not allow the development of this national industry to be stopped.” An Iranian official stated that the Fordow site had been evacuated and had not suffered irreversible damage. Meanwhile, an Iranian state TV commentator said every American citizen or military in the region is now a legitimate target.
Despite the geopolitical turmoil, Bitcoin is maintaining its position above the $102,000 mark , supported by rising institutional interest. A major U.S.-based Bitcoin exchange-traded fund (ETF) recorded over $230 million in inflows in a single day. Analysts suggest that as long as BTC holds above $100K, short-term dips may remain buying opportunities.