hormuz

🌍 Geopolitical Tensions Shake Crypto Market – Global Panic Creates Historic Break in Bitcoin!
June 22, 2025 – Cryptocurrency markets, Iran's claim to close the Strait of #Hormuz The closure of the strait, which is the lifeblood of global energy and trade, caused a sudden jump in oil prices and sharp fluctuations in traditional financial markets, while Bitcoin ($BTC ) also suffered a hard blow.
📉 #bitcoin Dropped Below $100,000 Psychological Threshold
Bitcoin, which was traded at $102,300 in the early hours of the day, lost more than 3% in value in the minutes after Iran's statement, falling to $99,822. This was recorded as one of the sharpest declines seen in crypto markets in recent weeks.
Crypto analysts emphasize that the $100,000 level is a psychological limit, and falling below this threshold can trigger automatic sell orders and cause a bigger drop.
⛽ Oil Prices Soar, Gold Rises — Crypto Blood Loss
Iran's move also affected energy markets. Brent oil rose by 7%, exceeding $108 per barrel, while gold reached $2,450. While investors turned to safe havens with a tendency to avoid risk, the exit from crypto assets accelerated.
With this development, approximately $636 million worth of liquidation occurred in the cryptocurrency market in 24 hours. According to Coinglass data, these liquidations particularly targeted leveraged Bitcoin positions.
📊 Other Cryptocurrencies Also Hit Hard
Ethereum (ETH): Down 4% to $2,201
Solana (SOL): Down 5.6% to $121
Ripple (XRP): Down 3.2% to $2.11 support
Dogecoin (DOGE): At $0.162, at its lowest level in the last 10 days
⚠️ Why is the Strait of Hormuz Important?
Approximately 30% of the world's oil and 20% of natural gas pass through the Strait of Hormuz. Iran's closure of this region is considered a strategic move that could have serious effects not only on the Middle East but also on the world economy.
While this step caused the US to increase its naval presence in the region, concerns that it could spark a military conflict have eroded risk appetite in all markets.
📉 Experts Warn: "The Decline May Deepen"
Speaking to CoinDesk, analyst Jason Lau made the following statement:
“The $ 100,000 level was a critical support for Bitcoin. With the breakdown of this line, a new correction movement up to the $ 95,000 - $ 96,500 range can be expected. If geopolitical tensions increase, a scenario of a drop to $ 90,000 is on the table.”
🔮 What's Next in the Market?
Crypto investors and institutions are currently closely following developments on both the political and economic fronts. In particular, how the US will respond militarily and diplomatically can determine the fate of Bitcoin and altcoins.
In addition, the upcoming US spot ETF approvals continue to be a long-term glimmer of hope for the crypto market. However, geopolitical shocks in the short term show that the period of high volatility is not over yet.
🧨 Conclusion: Storm Starts in Crypto Market
Iran’s exit from the Strait of Hormuz has created a domino effect not only in energy but also in crypto markets. Bitcoin falling below $100,000 was a major turning point for investors.
As the fear index climbs in the markets, investors should prepare for more turbulence in the short term.
#MarketPullback #BTCbelow100k #IsraelIranConflict