In a single day, the optimism that had seen Bitcoin briefly climb above $80,600 disappeared after information broke that an Iranian missile had focused a U.S. Navy ship close to the Strait of Hormuz.
Iran’s state-run Fars information company reported that the US navy ship ignored warnings from the Revolutionary Guards Corps (IRGC) and was pressured to show again after being hit by two missiles.
The allegations arose as President Trump introduced Undertaking Freedom, a mission scheduled to start on Monday to information ships stranded within the Strait of Hormuz. U.S. Central Command introduced it could mobilize 15,000 army personnel, greater than 100 plane, warships and unmanned plane to assist the trouble.
After asserting the mission, the Iranian army warned {that a} U.S. entry into the strait might set off an assault.
Axios reported {that a} senior US official denied claims that US ships had been attacked.
Bitcoin has skilled intense volatility for the reason that escalation of the battle between the US and Iran with the launch of Operation Epic Fury on February twenty eighth. The digital asset hit a historic excessive of $126,186 in late 2025, however its post-conflict vary is outlined by a low close to $60,000 in February and a latest rally in the direction of psychological resistance at $80,000.
At press time, the main crypto asset was buying and selling close to $79,000 as buyers weighed geopolitical dangers towards robust inflows in institutional ETFs.
Final week, the U.S. Bitcoin Spot ETF recorded web inflows of roughly $163 million, in keeping with Pharcyde Buyers. There have been about $630 million in inflows on Friday alone, offsetting big outflows earlier within the week.
