Trump says ‘massive’ strike against Iran underway — bitcoin plunge offers a glimpse of how markets could react

Former President Trump's declaration of a 'massive' strike against Iran, though later revoked, sparked immediate market volatility, particularly impacting cryptocurrencies. Bitcoin's sharp decline highlights how geopolitical tensions can trigger rapid capital flight from risk assets. Investors should closely monitor any rhetoric or actions concerning Iran, as such events could lead to broader market instability, affecting oil prices, equities, and continued interest in safe-haven assets.