US-Iran Ceasefire Collapse Crisis...Bitcoin Warns of 'Bloodbath' of Fear

▲ US, Iran, Bitcoin (BTC)/ChatGPT generated image

The ceasefire agreement between the United States and Iran is on the verge of collapse due to a significant violation by Iran. As a result, Bitcoin (BTC) has fallen to the $75,000 mark, heightening tension across the entire virtual asset market.

According to a report by CoinGeape, a virtual asset media outlet, on April 20 (local time), US President Donald Trump accused Iran of seriously violating ceasefire conditions by commencing fire in the Strait of Hormuz. Trump characterized the incident as a grave violation and warned of further action if negotiations fail. Bitcoin reacted sensitively to this escalating geopolitical crisis, dropping to the $75,000 level.

Trump stated that peace negotiations with Iran are currently valid and ongoing discussions are being pursued. Trump expressed his commitment to peace, saying, "Whether by a good way or a tough way, negotiations will eventually happen." However, this provocation, occurring ahead of the ceasefire's scheduled expiration on April 22, severely amplified market uncertainty. Trump had previously boosted BTC's price above $78,000 by announcing an agreement for Iran to dismantle its nuclear program, but the market fell back into a mixed state following Iran's denial.

Iranian Foreign Ministry spokesperson Esmail Baghaei directly refuted Trump's claims, asserting instead that the United States had broken its ceasefire promise. Baghaei criticized the US blockade of Iranian ports and coastlines as a violation of the ceasefire agreement mediated by Pakistan. He further emphasized that such actions constitute an illegal and criminal act of aggression, violating Article 2, Paragraph 4 of the UN Charter. Iran strongly criticized the US blockade as a war crime and a crime against humanity.

The deepening geopolitical conflict is immediately impacting risk asset markets, such as virtual assets. Investors are engaging in panic selling and tending to move assets to safe havens as uncertainty grows. Major altcoins like XRP and Solana (SOL) are also synchronizing with Bitcoin's downturn, increasing their volatility. Market analysts warned that if the confrontation between the US and Iran continues, virtual asset prices are likely to fall further.

The virtual asset market is closely watching the Trump administration's next moves and Iran's response. As the April 22 ceasefire expiration approaches, market tension is expected to peak. Bitcoin is on trial to prove its value as digital gold, and the resolution of geopolitical risks is expected to be a key variable determining future price direction. Investors are reacting sensitively to real-time news and maintaining conservative trading strategies.

*Disclaimer: This article is for investment reference only, and we are not responsible for any investment losses based on it. The content should be interpreted for informational purposes only.*