Trump's Iran War Warning Sparks Bitcoin Price Plunge Fears

US President Donald Trump's warning on Truth Social has reignited fears of an Iran war, sending investors away from riskier assets like Bitcoin. The price of $BTC has slipped back to around $64,211 as tensions between the US and Iran escalate.

Trump's latest post on July 10 stated that '1,000 missiles are locked and loaded' aimed at Iran, with thousands more following if the Iranian government acted on its alleged threats. This warning comes after reports that Israel shared intelligence with the US, claiming Iran had developed a new plot to assassinate Trump.

Crypto trader Merlijn The Trader believes that another market shakeout could send $BTC price toward the $50,000 zone before the next major rally begins.