MarketPR
Bitcoin ($BTC) hit an intraday low of $60,892 on June 9, per CoinGecko data, before recovering to trade near $61,800 — a roughly 3% drop over 24 hours that left the flagship token within reach of the psychologically loaded $60,000 level.
The immediate catalyst was President Trump's announcement of US military strikes against Iran, following an incident involving an American Apache helicopter near the Strait of Hormuz.
Gold added 1.8% and WTI crude gained 3.5% as risk appetite contracted; US equity futures also moved lower.
The Geopolitical Trigger US Central Command launched retaliatory strikes after Trump stated the US "must, of necessity, respond to this attack." Iran's Deputy Foreign Minister Kazem Gharibabadi disputed the account, saying Iranian forces had not intentionally targeted the aircraft and attributing the incident to heightened regional military activity.
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