{"id":100417,"date":"2026-06-10T08:03:04","date_gmt":"2026-06-10T08:03:04","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=100417"},"modified":"2026-06-10T08:03:04","modified_gmt":"2026-06-10T08:03:04","slug":"breaking-bitcoin-drops-as-trump-orders-retaliatory-strikes-on-iran","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=100417","title":{"rendered":"BREAKING \u2013 Bitcoin Drops As Trump Orders Retaliatory Strikes On Iran"},"content":{"rendered":"
\n

Iran\u2019s deputy foreign minister pushed back on Monday, saying Tehran had nothing to do with deliberately bringing down the American helicopter, suggesting what happened could have been an unintended consequence of heightened tensions in the region.<\/p>\n

That denial, however, did not stop US President Donald Trump from ordering a military response \u2014 and crypto markets felt it almost immediately.<\/p>\n

Bitcoin Slides Below $62,000<\/h2>\n

Bitcoin was trading at $61,780 on Tuesday, June 8, down 3% on the day. The price had been holding above the $62,000 level before the US military action was announced.<\/p>\n

At the time of writing, Bitcoin<\/a> was down 2.5%, and trading at $61,400, data from Coingecko shows. The top crypto lost 7.6% of its value in the last seven days amid instability in the Middle East, and as the US and Iran grapple for a ceasefire deal.<\/p>\n

US Central Command confirmed that American forces carried out what it described as \u201cself-defense\u201d strikes against Iran at 5 p.m. ET on June 9. The operation was triggered by the downing of a US Army Apache<\/a> helicopter near the Strait of Hormuz, an incident Trump addressed directly in a post on Truth Social.<\/a><\/p>\n

\"\"<\/p>\n

Trump Declares A Response Was Necessary<\/h2>\n

Trump said he had been informed by the military that Iranian forces shot down<\/a> what he called \u201cone of our highly sophisticated Apache Helicopters\u201d while it was on patrol over the Strait of Hormuz. He confirmed both pilots were safe and uninjured. The US must \u201crespond to this attack,\u201d Trump wrote.<\/p>\n

The broader crypto market turned bearish in the wake of the announcement. Long liquidations across the market hit nearly $1.40 million in a single hour, according to CoinGlass data<\/a>, with Bitcoin accounting for more than $136 million in liquidations over the previous 24 hours.<\/p>\n

<\/p>\n

Crypto Market Absorbs The Shock<\/p>\n

The market had already been under pressure before Tuesday\u2019s escalation<\/a>. Bitcoin had been hovering around $60,000 earlier in the week following separate Israeli strikes on Iran, which had already rattled investor confidence.<\/p>\n

Kazem Gharibabadi, Iran\u2019s deputy foreign minister, said such incidents could happen amid the current climate of elevated tensions, but maintained that the helicopter\u2019s downing was not a deliberate act by Tehran. His comments came as the conflict between the two countries continued to ripple outward, pulling asset prices down with it.<\/p>\n

Bitcoin\u2019s drop extends a period of sustained pressure for the world\u2019s largest cryptocurrency, with no clear stabilization in sight as the geopolitical situation remains unresolved.<\/p>\n

Featured image from Atlantic Council<\/em>, chart from TradingView<\/em><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Iran\u2019s deputy foreign minister pushed back on Monday, saying Tehran had nothing to do with deliberately bringing down the American helicopter, suggesting what happened could have been an unintended consequence of heightened tensions in the region. That denial, however, did not stop US President Donald Trump from ordering a military response \u2014 and crypto markets […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-100417","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/100417","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=100417"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/100417\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=100417"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=100417"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=100417"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}