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Bitcoin falls to $66.5K amid Trump threats toward Iran
Bitcoin fell on Thursday, following a broader decline in cryptocurrencies and risk assets after U.S. President Donald Trump signaled an escalation of military action against Iran in the coming weeks.
The world’s largest cryptocurrency lost ground after a moderately positive start to April, although it remained within the trading range seen for most of the year.
Bitcoin dropped 2.9% to $66,465.7 as of 07:29 GMT.
Trump says U.S. will deliver a “very strong strike” against Iran in 2–3 weeks
Trump said on Wednesday evening that the United States would ramp up its military operations against Iran over the next two to three weeks, claiming Washington was close to achieving its military objectives.
“We will deliver a very strong strike within the next two to three weeks,” Trump said, reiterating the need to limit Iran’s nuclear capabilities.
Trump also urged Iran to accept a deal or face U.S. strikes on its energy infrastructure — a threat he has repeatedly made during the conflict.
However, the U.S. president’s comments largely dashed hopes for de-escalation in the war with Iran, especially after earlier remarks this week had hinted at a potential military pullback.
Iran earlier this week denied reaching out to the U.S. regarding a ceasefire and said no direct negotiations had taken place since the conflict began more than a month ago.
Risk assets declined across the board following Trump’s remarks, with Asian stocks and Wall Street futures posting significant losses.
Bitcoin ETFs record first weekly inflow since October
Bitcoin exchange-traded funds recorded their first monthly inflow in March since October, according to SoSoValue data.
Spot ETFs saw net inflows of $1.2 billion in March after four consecutive months of sustained outflows. This also came amid a roughly 50% drop in Bitcoin from its October record high.
Bitcoin outperformed broader speculative assets in March, posting a modest gain, while most other sectors such as equities and precious metals recorded notable losses. However, the world’s largest cryptocurrency was still down 24% in 2026 and remained anchored around the $60,000 level for most of the year.
Crypto prices today: altcoins fluctuate amid ongoing Iran-related nervousness
Broader cryptocurrency prices declined across the board as risk appetite was undermined by Trump’s signals of continued military action in Iran.
The world’s second-largest cryptocurrency, Ether, fell 4.7% to $2,049.22, while XRP dropped 3.6% to $1.3139.
Solana, Cardano, and BNB declined between 4% and 7%.
Among meme coins, Dogecoin fell 4.6%, while $TRUMP dropped 5.6%.
See also: "South Korean retail investors poured hundreds of millions into crypto assets in Q1"
