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Bitcoin Slides Below $77,000 After Trump Confirms New Strikes on Iran

Bitcoin lost the $77,000 level on Tuesday, September 2, after President Trump confirmed renewed US airstrikes on Iranian targets near the Strait of Hormuz. The token hit $80,000 just 3 days ago after the US Treasury triggered a sudden bull run. Is that momentum disappearing again? Bitcoin (BTC)...

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Bitcoin fell to the $77,000 range as armed conflict between the U.S. and Iran intensified. This is attributed to dampened investor sentiment toward risky assets as international oil prices and U.S. Treasury yields surged together. According to CoinMarketCap at 9:49 AM on the 2nd, Bitcoin was trading at $77,183.97. This represents a 1.99% decrease compared to 24 hours ago. Bitcoin was trading at around 7,000 around 2:40 PM the previous day

New US airstrikes against Iran near the Strait of Hormuz have sent shockwaves through the markets. Bitcoin has fallen below $78,000, oil has soared above $94 a barrel, while gold has plummeted and Wall Street has declined. Here's a breakdown of the impact on each asset class. The article "Strikes on Iran: What Impact on Bitcoin, Stocks, Oil, and Gold?" first appeared on Cryptoast.

Bitcoin fell below $77,000 on Tuesday after military tensions between the United States and Iran escalated again. Cryptocurrencies fell as low as $76,388 on the day as investors' risk appetite curbed.

As tensions rose again around the Strait of Hormuz following US attacks on IRGC targets in Iran, Bitcoin maintained its level around $77,000. Brent crude rose 4.6%, the S&P 500 fell, and gold lost 2.45%. However, the cryptocurrency market did not experience a sharp sell-off.

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Cryptocurrency News | Cryptocurrency Prices | Market Cap broke the news on Tuesday, September 1, 2026.
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