Bitcoin returned to $106,000 early on Tuesday after US President Donald Trump claimed he was involved in brokering a ceasefire between Iran and Israel and denied claims that would shake up a market that was priced for potential de-escalation.
A late-night truth social post from Trump, published just before midnight Eastern Time, blows up French President Emmanuel Macron, dismissing the armistice negotiations as “wrong” and “seeking for propaganda.” The post came shortly after reports spread suggesting that Trump’s sudden G7 exit was linked to a push on the back-channel outage fire.
“President Emmanuel Macron seeking propaganda… wrong! He doesn’t know why I’m on my way to Washington, but that certainly has nothing to do with a ceasefire, and it’s much bigger than that,” Trump wrote.
Trump also advised Tehranians to evacuate quickly, spurring panic and leading to miles of terrible traffic on the highways leaving the city. Speaking at the G7 Summit, he also lamented the removal from the Russian group, showing his support for the reunion, even during the Ukrainian War.
The statement sent Bitcoin on a fresh slide, erasing much of the previous day’s bounce, dropping by $106,214 during an Asian session. The world’s biggest digital assets have lost 2.5% from local highs as geopolitical tensions continue to drive market sentiment.
Crypto Futures liquidation surged to more than $347 million in the 24 hours after Trump’s post, according to Coinglas. Ethereum, XRP, and Solana found a slightly increased decline at around 4%, and Equity Index Futures was also soaked, with the S&P 500 Mini dropping by 0.6% overnight.
Meanwhile, traditional haven assets also struggled with gold trading flats, but Brent crude rose just 1% in a deal of about $70, reflecting unknown concerns over long-term conflicts in the Middle East.
The impact of Trump on Bitcoin
For the past seven days, President Trump’s true social post on geopolitical issues has repeatedly contributed to the decline in Bitcoin prices.
He is not the only factor mobile market, but the timing of his comments along with price movements is clear. Bitcoin appears to behave in a highly resilient way amid tensions across Russia, Ukraine, Gaza, Israel and Iran. Although its “safe shelter” status is weak.
A few key posts highlighted in the chart below led to a total of 10% drop, but Bitcoin’s eerie ability exceeding $100,000 net decline of just 3.5%.
This is the second time BTC has dropped in sync with stocks during gold gatherings or retentions in a week. The risk-off playbook controls.
Tuesday’s move also highlights the return of “Trump volatility” to financial markets. Just like his first semester, Off-Cuff’s social media posts have particularly affected billions of dollars in capital flow.
Previous examples include tweets in May 2025 that threaten EU technology tariffs.
Analysts are now looking at whether Trump’s political positioning will continue to drive market uncertainty, particularly with unresolved tensions in the Middle East.
Bitcoin’s sharp selloff has once again rekindled debates about its role as a “digital gold” safe haven, in line with geopolitical headlines. Despite the longstanding narrative of BTC’s resilience, recent market behavior points to risk-on correlation patterns, with traders pulling back from crypto from stocks in response to global tensions.
What’s next?
Market Watchers will focus on further diplomatic developments and comments from other G7 leaders. A confirmed ceasefire or US involvement in an attack on Iran could change the flow of assets again.
Technically, the Bitcoin Bulls are focusing on $100,000 as a psychological floor, but liquidation and leveraged positioning can put pressure on that level as risk sentiment continues to worsen.
Despite the macro headwinds, on-chain data remains very constructive, with BTC hashrate and long-term holder activity still close to high prices and providing a faint light of elasticity under noise.
