Bitcoin prices slid back below $76,500 on Tuesday morning, down 1.5% from its intraday high of $77,700 on Monday.<\/p>\n
The move followed reports<\/a> that the United States had resumed strikes on Southern Iran, targeting missile sites and boats attempting to place mines.<\/p>\n The strikes were carried out \u201cto protect our troops from threats posed by Iranian forces,\u201d but the military was \u201cusing restraint during the ongoing ceasefire,\u201d said US Central Command in a statement.<\/p>\n Just hours before, President Trump posted<\/a> on Truth Social that negotiations with Iran are \u201cproceeding nicely.\u201d<\/p>\n \u201cIt will only be a Great Deal for all or no Deal at all \u2014 Back to the Battlefront and shooting, but bigger and stronger than ever before \u2014 And nobody wants that!\u201d<\/p>\n Over the weekend, Trump claimed<\/a> that a deal was \u201clargely negotiated,\u201d leading to hopes that it would be finalized this week.<\/p>\n Crude oil prices, which dipped below $90 for the first time this month on Monday, were back up around 2% as the conflict resumed.<\/p>\n Jeff Mei, chief operations officer at the BTSE exchange, remained<\/a> optimistic. \u201cWe believe that if US attacks on Iran are limited, it\u2019s unlikely that Bitcoin will fall lower than the $70k mark,\u201d he said.<\/p>\n \u201cHowever, if the conflict looks like it may be sustained over a longer period of time, Bitcoin could very well drop back to the $60k floor reached at the beginning of the conflict.\u201d<\/p>\n Jeff Ko, chief analyst at CoinEx, agreed, telling CryptoPotato on Tuesday that technically, $70,000 remains the \u201cnext defended floor for Bitcoin,\u201d while $65,000 would be the \u201cnext key stress level\u201d if the macro or geopolitical backdrop deteriorates further.<\/p>\n \u201cThat said, I think Bitcoin\u2019s ability to absorb recent macro shocks has actually been quite constructive,\u201d he added.<\/p>\n \u201cThe asset has not broken down despite the geopolitical uncertainty, which suggests the market is consolidating rather than entering a full risk-off phase.\u201d<\/p>\n Macro trader Jason Pizzino remained bearish, opining<\/a> on X that Bitcoin looks to be getting ready to test the lows again, like it does every bear market.<\/p>\n \u201cFalling volume, lack of social interest (search volume), and a structure reminiscent of further weakness,\u201d he said.<\/p>\n Bitcoin looks to be getting ready to test the lows again like it does every bear market (or 4-year cycle).<\/p>\n Falling volume, lack of social interest (search volume), and a structure reminiscent of further weakness.<\/p>\n The perma bears will be calling lower and lower prices, while the\u2026 pic.twitter.com\/KwowfhSWzb<\/a><\/p>\n \u2014 Jason Pizzino (@jasonpizzino) May 26, 2026<\/a><\/p>\n\n BTC was trading at $76,480 at the time of writing, with further losses looking imminent.<\/p>\n The post Bitcoin Dips on Renewed US Strikes on Iran: Is the Peace Deal Off?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":" Bitcoin prices slid back below $76,500 on Tuesday morning, down 1.5% from its intraday high of $77,700 on Monday. The move followed reports that the United States had resumed strikes on Southern Iran, targeting missile sites and boats attempting to place mines. The strikes were carried out \u201cto protect our troops from threats posed by […]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-170525","post","type-post","status-publish","format-standard","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/170525"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=170525"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/170525\/revisions"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=170525"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=170525"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=170525"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Deal or No Deal?<\/h2>\n
Is BTC About to Fall Further?<\/h2>\n