Bitcoin fell on Thursday, tracking broader losses across cryptocurrencies and risk-driven assets after U.S. President Donald Trump signaled an escalation in military actions against Iran over the coming weeks.
The world’s largest crypto lost ground after a moderately positive start to April, although it remained squarely in a trading range seen through most of the year.
Bitcoin fell 2.9% to $66,465.7 by 01:29 ET (05:29 GMT).
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Trump says US to hit Iran ‘extremely hard’ in 2-3 weeks Trump said on Wednesday evening that the U.S. will ramp up its military operations against Iran in the next two-three weeks, claiming that Washington was close to achieving its military objectives.
“We’re going to hit them extremely hard over the next two to three weeks,” Trump said, reiterating the need to hamper Iran’s nuclear capabilities.
Trump also called on Iran to accept a deal or face U.S. strikes on its energy infrastructure– a threat he had made several times during the conflict.
But the U.S. president’s comments largely dashed hopes for a de-escalation in the Iran war, especially after comments made earlier this week hinted at a military pullback.
Iran earlier this week denied that it had reached out to the U.S. over a ceasefire, and that no direct talks had taken place since the conflict began over a month ago.
Risk-driven assets fell across board following Trump’s statements, with Asian stocks and Wall Street futures both logging deep losses.
Bitcoin ETFs mark first weekly inflow since October Bitcoin exchange-traded funds marked their first monthly inflow in March since October, data from SoSoValue showed.
Spot ETFs logged a net inflow of $1.2 billion March, after four straight months of sustained outflows. This also came as Bitcoin slumped as much as 50% from its October record high.
Bitcoin outpaced broader speculative assets in March, logging mild gains while most other sectors, such as stocks and precious metals, clocked deep losses. But the world’s largest crypto was still nursing a 24% loss in 2026, and has remained pinned around $60,000 for most of the year.
Crypto price today: altcoins dither as Iran jitters persist Broader crypto prices fell across the board, as risk appetite was battered by Trump signaling continued hostilities in Iran.
World no.2 crypto Ether fell 4.7% to $2,049.22, while XRP fell 3.6% to $1.3139.
Solana, Cardano, and BNB slid between 4% and 7%.
Among memecoins, Dogecoin fell 4.6%, while $TRUMP slid 5.6%.
