Bitcoin slides to USD $ 107,000 in the middle of tensions in the Middle East

By Hannah Pérez

Bitcoin took a reverse under the USD $ 107K in the middle of the reports on a possible attack by Israel against Iranian nuclear facilities. The cryptocurrency market became bassist, but shows signs of recovery.

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• Israel would be intensifying preparations for an attack against nuclear facilities in Iran.
• An attack on such a scale could trigger conflict and sabotage nuclear negotiations between the US
• The cryptocurrency market reacted down after developments in the Middle East.
• Bitcoin took a reverse below USD $ 107,000 before a modest recovery.

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After a day of some stability in the cryptocurrency market, Bitcoin (BTC) has been whipped again by volatility, with the winds pointing in the bassist direction in the midst of renewed tensions in the Middle East.

Tuesday’s reports suggest that Israel is intensifying preparations for a possible attack against Iranian nuclear facilities, which has generated a significant climb of tensions.

As reported NBC NewsIsrael has become more serious about an attack against Iran, since negotiations between the United States and Iran seem to be closer to an agreement that would include provisions on uranium enrichment, which Israel considers unacceptable.

The United States fears that if Israel continues –Without its consent– With such an attack, it could trigger a broader regional conflict and sabotage nuclear negotiations with Iran. This after President Donald Trump supposedly advanced in conversations with Tehran on a diplomatic agreement to reduce his nuclear program.

The commander of the Islamic Revolutionary Guard, Hoseín Salami, said that Iran is prepared for any scenario, including war, in response to Israeli threats. Iran has also warned that it could attack US bases in the region if nuclear negotiations fail, according to reports.

Tensions in the Middle East

In response to these tensions, the White House ordered the evacuation of Iraq non -essential diplomatic personnel and allowed the voluntary exit of military relatives in the Middle East. In addition, the Pentagon has reinforced its military presence with aerial deployment.

In social networks such as X, users speculate on an imminent Israeli attack to Iran, with some warning about a possible “radioactive disaster“Comparable to Chernobyl if Israel attacks Iranian nuclear facilities. Others point out the alliance between Trump and Israeli prime minister, Benjamin Netanyahu, as a factor that could aggravate instability in the region.

At the beginning of the week, President Trump would have told Netanyahu to end the war in Gaza and stop talking about an attack against Iran, he reported CNN Wednesday citing a source familiar with conversation. While Trump later said the exchange was “Very soft“The reports would confirm the last disagreements between the US leader and Netanyahu.

Bitcoin goes back, but remains strong

The cryptocurrency me. Bitcoin Backing momentarily on Thursday below the USD $ 107,000 before a modest recovery.

The data of Coinmarketcap They show that BTC sank a local minimum of USD $ 106,600 on June 12 in the morning (ET), after having negotiated over USD $ 110,000 less than 24 hours before. The rest of the digital currency market also reflected losses, with some Altcoins –as was the case of Dogecoin (Doge)– decreasing more than 5% in 24 hours.

The sudden reverse of the trend caused an increase in the settlements of leverage positions in the cryptocurrency market above USD $ 340 million in a period of 24 hours, according to data from Coinglass. Of the total liquidations, most –about USD $ 275 million– corresponded to long positions (bullish bets).

The publication of the United States inflation data on Wednesday generated little effect on the cryptocurrency market, with Bitcoin shrugging in a range of moderate stability. Markets in general seem more attentive to commercial policy developments and the next monetary policy steps of the US Federal Reserve. They are key.

Trump announced Wednesday that negotiations between the USA and China have concluded, with a new agreement next to set. Bitcoin He briefly approached his maximum historical price close to $ 112,000 behind the news.

Although BTC has been incapable of new ruptures, analysts still agree that the bullish cycle is not over and that there is plenty of space so that the insigneous cryptocurrency see new unprecedented prices this year.

At the time of publication, Bitcoin Change hands around USD $ 107,464, 2.5% lower in the last 24 hours and just over 3% higher in the week. The price action shows recovery signals from the earlier.

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Hannah Estefanía Pérez / Diariobitcoin

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