The cryptocurrency market experienced emotional turmoil this weekend

following the US bombings of Iranian nuclear facilities.

Bitcoin dropped below 101,000 USD, dragged down by global panic and mass

liquidations. However, after an unexpected truce between Iran and Israel,

the digital asset quickly recovered, surpassing 105,000

USD again and showing surprising resilience.

Initial Drop: Bitcoin Fails as a Safe Haven

In the first hours after the attack was announced, Bitcoin suffered a drop of

nearly 9%, with over 1 billion USD in liquidations, especially among traders with

leverage and automated algorithms. This negative reaction showed that

despite its reputation as "digital gold," Bitcoin still reacts with

volatility to geopolitical crises.

Rapid Recovery After Truce

The later announcement of a truce between Iran and Israel brought

relief to financial markets. Bitcoin reacted positively,

rising by almost 4% within hours and returning to support

around 105,000 USD. Concurrently, indices like Nasdaq and S&P 500 also

recovered, indicating a return of risk appetite.

Technical Effects: Hashrate Drop Due to Outages

Besides the price, the conflict also impacted the infrastructure of

the Bitcoin network. Several miners in Iran reported prolonged

power outages, leading to a temporary decrease in the

global hashrate. This raised concerns about the operational

decentralization of the ecosystem and its vulnerability to regional

tensions.