Bitcoin Slides On U.S. Intervention In Middle East War

Trump Wrote "Iran Needs Unconditional Surrender!" on SNS
BTC Defends Further Decline On Low-Buy After Morning Drop
Altcoin Holds Down During Intra Day Following BTC's Decline
Expert "Geopolitical Conflict Will Raise BTC Price"

Bitcoin(BTC) continued to remain weak on Jun. 18 due to war clouds in the Middle East.

The White House held a National Security Council meeting on Wednesday to discuss whether the U.S. would intervene in the conflict in the Middle East. U.S. President Trump also left a warning message. "We know exactly where Iran's supreme leader is hiding," Trump said on his social media account Truth Social. "Our patience is running low, and Iran should surrender unconditionally!"

Bitcoin fell in the morning on concerns that the U.S. military could intervene in the Middle East conflict and escalate into a world war. Since then, it has prevented further declines in low-priced buying, but continued to remain weak during the day.

With Bitcoin's decline, the 'risk asset' altcoin also made a weak performance. Only a few altcoins with low market capitalization recorded a rise of more than 5%.

◇Bitcoin = Bitcoin price is $104,968 at 4:30 p.m. on Jun. 18, 2025. The Bitcoin share(dominance) was 64.81%.

The long(up) and short(down) betting ratios in the Bitcoin futures market stood at 51.40% and 48.60%, according to the on-chain analytics platform Sigbtc.

Despite Bitcoin's decline due to war in the Middle East, it was predicted that Bitcoin would eventually rise.

Geopolitical conflicts raise the possibility of global inflation rising in the long run, said Mitil Tacore Beller, co-founder, in an interview with CoinTelegraph. "This can be linked to increased fiscal spending, monetary easing, supply chain disruptions, and soaring raw material prices, which can benefit Bitcoin."

◇Upward Coin = The cryptocurrency that recorded the largest increase from the previous trading day at 4:30 p.m. on Jun. 18 was Bora(BORA), up about 5% on the day alone.

Bora, a representative native non-fungible token(NFT), is attracting attention as a decentralized digital currency based on blockchain technology.

The Bora Project aims to develop a comprehensive game and content platform that provides functions such as NFT marketplaces, AMM Dex, and communities to revitalize the blockchain game ecosystem made up of the game player token economy.

◇Fear Greed Index = The digital asset fear-greed index provided by Alternative has entered the 'neutral' stage with 52 points. The neutral stage is a section where the psychological resistance and support of market participants appear, and important decision-making actions appear in future price movements.

The cryptocurrency relative strength index(RSI) provided by Sigbtc was 44.4, which was in a 'neutral' state. RSI sets the relative strength between the upward and downward pressure of a particular asset price and is an indicator of a measure of over-purchasing and over-selling of a particular asset.

권승원 기자 ksw@blockstreet.co.kr