Bitcoin slides below $77,000 as Trump’s Iran warning rattles risk assets
Bitcoin's price fell below $77,000 following President Trump's warning to Iran, which also affected oil prices. The overall market for risk assets weakened, with significant drops in altcoins like BCH and DOGE. Increased selling pressure led to a surge in market-wide futures volume and a spike in liquidations.
- ▪Bitcoin dropped 2.4% to $76,500 after President Trump warned Iran to act quickly.
- ▪Brent crude oil prices briefly exceeded $112 per barrel in response to the comments.
- ▪Market-wide futures notional volume surged 65% to $159 billion as selling pressure intensified.
Opening excerpt (first ~120 words) tap to expand
MarketsShareShare this articleCopy linkX iconX (Twitter)LinkedInFacebookEmailBitcoin slides below $77,000 as Trump’s Iran warning rattles risk assetsBitcoin and ether sank after the U.S. president told Iran the “clock is ticking,” sending oil higher and triggering broad crypto liquidations.By Oliver Knight, Omkar Godbole|Edited by Sheldon Reback May 18, 2026, 10:50 a.m. 3 min readMake preferred on Bitcoin price (CoinDesk Data)What to know: Bitcoin fell 2.4% to $76,500 after President Donald Trump warned Iran to “get moving, fast.” Dther dropped 3.5% to $2,116.Risk assets weakened across the board, with U.S. equity futures edging lower. Brent crude briefly topped $112 per barrel.Altcoins underperformed major cryptocurrencies.
…
Excerpt limited to ~120 words for fair-use compliance. The full article is at CoinDesk.
Discussion
0 commentsMore from CoinDesk
