Written by Arjan Schreur on June 22, 2025.
The Bitcoin course gets blows, but Altcoins fall even faster after the American attack on Iran and the decision of the Iranian parliament to close the street of Hormuz.
Of Bitcoin Koers Got a strong blow this weekend, after President Donald Trump confirmed in a speech that the United States affected several nuclear installations in Iran. The attack, which leads to geopolitical tensions worldwide, pushed the Bitcoin course under the psychological limit of $ 100,000. In the meantime, Bitcoin’s dominance rises compared to Altcoins, which is even faster.
American attacks ensure volatility
In the aftermath of it news The Bitcoin course fell sharply over the American air strikes on Iranian goals. During a television broadcast on his Platform Trump Social, Trump stated that “Iran must now make peace” or “will be confronted with more attacks”. The market reacted almost immediately: within a few hours the Bitcoin race to $ 102,000 and even under $ 100,000 in the last hour, with which it reached its lowest level since the end of May.

According to data analysts, the price could possibly fall further towards $ 97,000, where, according to Coinglass, there is considerable order bookliquidity. Trader Cas Abbe even provides a short decrease towards $ 93,000 $ 94,000, although he estimates the chance of only 20 to 25 percent. Yet the past shows that geopolitical uncertainty can also be a catalyst for a price recovery. “In 2022, Bitcoin increased by 42% within 35 days after the outbreak of the war in Ukraine,” said Analyst Merlijn. “Now we are still in a bull market, and the Bitcoin course remains above $ 100,000. What happens if history repeats itself with even more fuel?”
Altcoins in free fall, Dominance BTC rises
Although the Bitcoin course is struggling, the situation at Altcoins is downright disastrous. Ethereum (ETH), the largest altcoin on the market, lost more than 10% of its value in the last 24 hours and dived below $ 2,200. Last week ETH was above $ 2,800. Other large altcoins such as Solana, Dogecoin, Cardanoin Chainlink also had to endure heavy blows.
Lower on the list we see alarming losses at Coins as APTBE, INJDone, in PEPEwhich are in red on a daily basis. The dominance of Bitcoin – the percentage of the total cryptomarket that represents Bitcoin – therefore rose to slightly more than 66%. A rising dominance in a falling market indicates that altcoins perform relatively worse than Bitcoin itself.
Strategic Danger: Closure of the Strait of Hormuz
The situation further deteriorated when the Iranian parliament officially agreed to the closure of the street of Hormuz, a crucial Zeestraat through which about 20% of global oil supply flows through daily. This promotion is a direct retribution for the American attacks and considerably increases the risk of long-term unrest in the Middle East.
According to analyst Michaël van de Poppe (CryptoMichNL) is the closure of the street of Hormuz “the next step in the escalation.” He warns that as long as these developments continue, there will be no recovery in risky assets such as Bitcoin and Altcoins. “This is what we call capitulation,” says Van de Poppe, referring to the point at which investors get out en masse for fear of even greater losses.
Iran closing down the Strait of Hormuz is the next step in the escalation.
As long as this keeps happening, there’s no sign risk-on assets like #Bitcoin and #Altcoins will reverse.
This is what we call: the capitulation.
– Michaël van de Poppe (@Cryptomichnl) June 22, 2025
Investors are looking for soil formation
Despite the sharp fall and the negative sentiment, there are also signs of potential soil formation. Popular analysts such as Crypto Tony emphasize the importance of the level around $ 104,500 for the bulls. “I remain lung above $ 93,500, but we have to recapture $ 104,500 to keep control,” said his statement on X.
It was previously suggested that the level is the first major support level to function around $ 97,000, which corresponds to data from the order books of large trading platforms. If the price is stabilized on this, a technical recovery is not excluded, especially if investors turn to Bitcoin again as a “safe haven” during geopolitical unrest.
Market forecasts unclear
The combination of military escalation, geopolitical uncertainty and fluctuating financial markets puts investors under pressure worldwide. The Bitcoin course is currently moving at the sharpest of the cut, where both further falls and an unexpected revival are possible.
Although many eyes are aimed at the coming days, in which Wall Street opens and more reactions to the situation, the sentiment remains predominantly bearish. Investors will have to tailor their strategies to a possible long -term period of uncertainty, in which headlines from Tehran, Washington and Tel Aviv have more influence on the Crypto Coersen Then technological developments or macro-economic figures.
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