After the United States launched a strike against Iran, Bitcoin fell.

date
10/06/2026
In response to the U.S. military resuming strikes against Iran after a U.S. helicopter was shot down near the Strait of Hormuz, Bitcoin experienced a slight decline. Zaye Capital Markets analyst Naeem Aslam stated in a report that renewed geopolitical tensions could trigger selling of Bitcoin as traders flock back to cash, U.S. dollar liquidity, and traditional safe-haven assets. He also noted that upcoming U.S. inflation data will be crucial for the cryptocurrency, with modest inflation supporting Bitcoin through lower yields, a weaker dollar, and stronger risk appetite, while higher inflation would weaken the digital currency. According to data from the London Stock Exchange Group, Bitcoin fell 1.2% to $61,372 after hitting a 20-month low of $59,125 on Friday.