BREAKING: Iran Launches Missiles at U.S. Bases in Middle East – Crypto on Edge
Iran has fired missiles at U.S. bases in four countries. With Bitcoin barely back above $100K, markets fear another dip — possibly to $92K.
On June 23, 2025, Iran launched a barrage of missiles targeting U.S. military bases in Qatar, Iraq, Bahrain, and Kuwait in direct retaliation to the earlier American strike on Iranian strategic locations. This major military development could mark a dangerous new phase of regional conflict — and markets are reacting swiftly.
Bitcoin News and Crypto Crash: What's Next?
This sharp escalation is already weighing on risk markets. Bitcoin ($BTC), which had briefly recovered above $100,000 following its drop during the initial U.S. strike, is now showing signs of renewed weakness. Analysts warn that if panic sets in again, BTC could drop to $92,000, dragging the altcoin market down with it.
The crypto market — already shaken by geopolitical uncertainty — may be headed for another major correction if this conflict widens. Traders are advised to brace for increased volatility in the coming hours.
Rudy Fares
Equity Trader, Financial Consultant, Musician and Blockchain Aficionado. I spend my time doing Technical and Fundamental Analyses for Stocks, Currencies, Commodities and Cryptocurrencies.
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