Bitcoin Plunges Towards US$65,000 After Trump Threatens Major Attack on Iran
Jakarta, VIVA – Bitcoin’s price is in the spotlight after US President Donald Trump signalled an escalation of attacks against Iran. The most prominent cryptocurrency has come under significant pressure, approaching the crucial level of US$65,000.
Bitcoin was recorded as falling more than 3.7 per cent and briefly moving in the range of US$66,590 or approximately Rp1.13 billion until 12:04 GMT+7 on Thursday, 2 April 2026.
Currently, market participants are focused on the psychological level of US$65,000, which is a critical point for Bitcoin to maintain its upward trend. Technically, a drop below US$65,000 could drag the price towards the US$60,000 level in the near term.
In his speech at the White House on Wednesday, 1 April 2026, Trump condemned the continuation of US military operations against Iran in the near future. He warned that this attack would be even more intense in the coming weeks.
“The US military is very close to completing ‘Operation Epic Fury’. However, we will hit them very hard in the next two to three weeks to ensure a decisive outcome,” Trump said, quoted from TradingView on Thursday, 2 April 2026.
Trump’s statement immediately drove up global oil prices above US$100 or approximately Rp1.7 million per barrel. The surge reflects investor concerns over potential disruptions to energy supplies, particularly in the Strait of Hormuz.
This spike in energy prices has also heightened inflation worries, which in turn is pressuring investor interest in risky assets like Bitcoin.
Global financial markets, including stocks, oil, and crypto, have experienced high volatility in recent months. This situation is driven by uncertainty over the direction of the conflict between the US, Israel, and Iran.
Previously, markets had responded positively after Trump signalled that the war would soon end. However, the latest change in rhetoric has reignited fears of a prolonged conflict.
Hope for Peace Could Drive Bitcoin Price Recovery
Although threatening to intensify attacks, Trump also opened the possibility of achieving a ceasefire. He mentioned that diplomatic communications between the two parties are still ongoing.
Trump even expressed optimism that the end of the conflict would bring positive impacts to global energy and financial markets.
“When this conflict ends, that strait will open by itself. They want to sell oil to rebuild their economy. Gas prices will drop quickly, and stock markets will rise again,” Trump said.