{"id":30682,"date":"2026-07-08T10:17:57","date_gmt":"2026-07-08T09:17:57","guid":{"rendered":"https:\/\/investx.fr\/en\/2026\/07\/08\/btc-eth-drop-trump-iran-ceasefire\/"},"modified":"2026-07-08T10:18:00","modified_gmt":"2026-07-08T09:18:00","slug":"btc-eth-drop-trump-iran-ceasefire","status":"publish","type":"post","link":"https:\/\/investx.fr\/en\/crypto-news\/btc-eth-drop-trump-iran-ceasefire\/","title":{"rendered":"BTC and ETH Plunge as Trump Ends Iran Ceasefire \u2014 Crypto Markets Wipe Billions"},"content":{"rendered":"\n

Bitcoin<\/strong> and Ethereum<\/strong> dropped sharply within minutes after Donald Trump<\/strong> declared an end to the ceasefire with Iran<\/strong>. The crypto market wiped billions of dollars in market cap in a wave of panic selling<\/strong> typical of geopolitical shocks. BTC and ETH each posted a correction of nearly 2%<\/strong>, putting pressure on technical structures that were already showing signs of weakness.<\/p>\n\n\n\n

Geopolitical Shock: The Catalyst Behind a Flash Correction<\/h2>\n\n\n\n

Trump’s unexpected announcement acted as an immediate trigger across markets that were already under strain. Within minutes, selling pressure intensified across all digital assets, reflecting a sudden and coordinated shift toward risk aversion. This type of sharp retracement<\/strong> driven by macro news is characteristic of a low-liquidity market environment, where stop-losses cascade in rapid succession.<\/p>\n\n\n\n

Bitcoin<\/strong><\/a> shed nearly 2%<\/strong> in direct response, dragging Ethereum<\/strong> and the broader altcoin market down with it. The move highlights the persistent correlation<\/strong> between BTC and the rest of the market during stress episodes: when the king corrects, everything follows. Volumes spiked in the opening minutes, a classic signal of forced liquidation rather than an orderly rotation.<\/p>\n\n\n\n

\"BTC<\/figure>\n\n\n\n

BTC and ETH Technical Analysis: Key Supports Under Pressure<\/h2>\n\n\n\n

Bitcoin<\/strong> is now trading in a short-term bearish<\/strong> setup following this breakdown. The RSI<\/strong> on the hourly timeframe has slipped into oversold territory, which could temporarily slow selling pressure. However, as long as BTC fails to reclaim its immediate resistance<\/strong> levels, any technical rally<\/strong> will remain suspect and vulnerable to fresh rejection.<\/p>\n\n\n\n

On the Ethereum<\/strong> side, the structure looks similar: the correction candle has broken through several intermediate support<\/strong> levels, opening the door to a further downside extension if buyers fail to step in quickly. The MACD<\/strong> confirms the negative momentum with a bearish crossover on short timeframes. The resistance<\/strong> zones reclaimed during the sell-off now act as overhead ceilings to watch closely in any recovery scenario.<\/p>\n\n\n\n

Bullish vs. Bearish Scenarios: What to Watch Right Now<\/h2>\n\n\n\n

Bearish scenario:<\/strong> if geopolitical tensions escalate further and Trump<\/strong> issues additional aggressive statements, the market could extend its correction. In that case, BTC risks testing deeper support<\/strong> levels, and a revisit of recent lows cannot be ruled out. Market sentiment would shift into a prolonged risk-off<\/strong> mode, hitting low-liquidity altcoins hardest.<\/p>\n\n\n\n

Bullish scenario:<\/strong> a swift diplomatic de-escalation or a partial walkback of Trump’s<\/strong> statements could trigger a recovery breakout<\/strong><\/a>. Opportunistic buyers waiting at key support<\/strong> levels could then fuel a relief rally<\/strong>. Historically, geopolitically driven corrections in the crypto market<\/a> tend to be short-lived when they are not accompanied by simultaneous monetary tightening.<\/p>\n\n\n\n

Market Verdict: The Next Move Depends on Washington<\/h2>\n\n\n\n

The crypto market finds itself held hostage by an exogenous variable: the trajectory of the Iran situation and the rhetoric coming out of the Trump administration<\/strong>. From a technical standpoint, BTC and ETH<\/strong> remain in structures that could absorb this correction if major support<\/strong> levels hold. But a deterioration in the geopolitical backdrop would turn this retracement into a deeper correction, putting any near-term bull run<\/strong> hopes firmly on ice.<\/p>\n\n\n\n

Traders should monitor upcoming official statements closely alongside the reaction of traditional financial markets. A resurgence of volatility across equity indices would mechanically amplify pressure on crypto assets. Caution is warranted for as long as the geopolitical situation remains fluid and unpredictable.<\/p>\n\n\n\n

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