{"id":89408,"date":"2026-05-04T11:03:10","date_gmt":"2026-05-04T11:03:10","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=89408"},"modified":"2026-05-04T11:03:10","modified_gmt":"2026-05-04T11:03:10","slug":"bitcoin-price-dumps-suddenly-as-iran-reportedly-attacked-us-warship-in-hormuz","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=89408","title":{"rendered":"Bitcoin Price Dumps Suddenly as Iran Reportedly Attacked US Warship in Hormuz"},"content":{"rendered":"<div>\n<p>Bitcoin\u2019s price surge to over $80,500 came to a screeching halt as the tension between Iran and the US skyrocketed in the past several hours, which included reports about an attack on a US warship.<\/p>\n<p>Citing information from Iran\u2019s state media IRGC, Al Jazeera <a href=\"https:\/\/www.aljazeera.com\/news\/liveblog\/2026\/5\/4\/iran-war-live-tehran-says-trumps-hormuz-mission-violates-ceasefire\">noted<\/a> minutes ago that two missiles hit a US Navy vessel near Jask in the Hormuz after it ignored warnings from the Revolutionary Guard to stop.<\/p>\n<p>The latest developments took place shortly after US President Donald Trump said his country is <a href=\"https:\/\/www.bbc.com\/news\/live\/c1wz2ld4535t\">launching<\/a> a new mission to guide ships out of the Strait in what they believe is a \u201chumanitarian gesture on behalf of the United States, Middle Eastern countries, but, in particular, the country of Iran.\u201d<\/p>\n<p>The primary cryptocurrency reacted immediately with a violent drop that pushed it south toward $78,000. The asset <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-pushes-above-80000-for-first-time-since-january\/\">peaked<\/a> at over $80,500 earlier today, which became its highest price tag in over three months.<\/p>\n<p>However, the reported attacks brought instant volatility back to the market, with most altcoins following suit. The liquidations are up to $450 million in the past 24 hours, with over $70 million in longs coming in the last hour alone.<\/p>\n<p>Almost 110,000 traders have been wrecked in the past day, according to data from CoinGlass.<\/p>\n<figure id=\"attachment_1436140\" aria-describedby=\"caption-attachment-1436140\" style=\"width: 1835px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1.png\"><img fetchpriority=\"high\" decoding=\"async\" class=\"wp-image-1436140 size-full\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1.png\" alt=\"BTCUSD May 4. Source: TradingView\" width=\"1835\" height=\"917\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1.png 1835w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-300x150.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-1024x512.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-768x384.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-1536x768.png 1536w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-90x45.png 90w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-150x75.png 150w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-1600x800.png 1600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-1400x700.png 1400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-1200x600.png 1200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-1000x500.png 1000w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-900x450.png 900w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-800x400.png 800w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-700x350.png 700w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-600x300.png 600w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-500x250.png 500w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-400x200.png 400w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-200x100.png 200w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2026\/05\/BTCUSD-May-4-1-100x50.png 100w\" sizes=\"(max-width: 1835px) 100vw, 1835px\"><\/a><figcaption id=\"caption-attachment-1436140\" class=\"wp-caption-text\">BTCUSD May 4. Source: TradingView<\/figcaption><\/figure>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/bitcoin-price-dumps-suddenly-as-iran-reportedly-attacked-us-warship-in-hormuz\/\">Bitcoin Price Dumps Suddenly as Iran Reportedly Attacked US Warship in Hormuz<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin\u2019s price surge to over $80,500 came to a screeching halt as the tension between Iran and the US skyrocketed in the past several hours, which included reports about an attack on a US warship. Citing information from Iran\u2019s state media IRGC, Al Jazeera noted minutes ago that two missiles hit a US Navy vessel [&hellip;]<\/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-89408","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\/89408","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=89408"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/89408\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=89408"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=89408"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=89408"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}