CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Crypto Potato 2025-06-17 18:13:27

Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict

Bitcoin’s price actions took another turn for the worse in the past several hours as the adverse developments on the Middle East front continue to unfold with more attacks and threats. The latest statements from the POTUS indicated that the US has “complete and total control of the skies over Iran,” and he also demanded the country’s “unconditional surrender.” Following the initial statement, Trump added on his social media platform that they knew “exactly where the so-called ‘Supreme Leader’ is hiding.” Although the US President said he is an easy target, he reassured that the ‘Supreme Leader’ is “safe there – we are not going to take him out (kill), at least not for now.” He warned that the US’s patience is “wearing thin” and later demanded that Iran surrender unconditionally. Bitcoin’s price, which has already been impacted on numerous occasions by the quickly evolving developments in the Middle East, started to lose value in the past several hours once again. The asset plunged to a five-day low of under $103,500 minutes ago, which meant a daily drop of roughly $5,000. BTCUSD. Source: TradingView Santiment also weighed in on the matter by highlighting BTC’s price drop to new weekly lows. However, the analytics platform said the inflows into the Bitcoin ETFs “remain strong,” as the financial products have seen nearly $1.5 billion poured in since June 9. Even with Bitcoin slipping below $104K Tuesday, Bitcoin ETF’s remain strong. Working on a 5-day net inflow streak, there has been a total of just over $1.464B in money moving into $BTC ‘s ETF’s, dating back to June 9th. pic.twitter.com/2sci1ARUdn — Santiment (@santimentfeed) June 17, 2025 The post Bitcoin Price Slips Below $104K as Trump Makes Critical Remarks on Iran-Israel Conflict appeared first on CryptoPotato .

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.