Iran War Bitcoin & Crypto Impact: BTC Crashes 16.7%
Bitcoin crashed from $84K to $70K in 7 days after the US-Iran war began. Over $300M in crypto liquidations. Ethereum down 22%. Total crypto market cap lost $500B. Is Bitcoin a safe haven? Historical analysis of BTC during geopolitical crises shows it trades as a risk-on asset. Three scenarios: recovery to $85K (quick resolution), $65-75K range (sustained conflict), or $55-60K (escalation).