Bitcoin is once again facing new geopolitical risks following US President Donald Trump’s threats against Iran. The development comes as the flagship cryptocurrency attempts to regain the psychological $90,000 level ahead of today’s Federal Reserve decision.
President Trump issues warning to Iran, putting Bitcoin at risk
In a post on Truth Social, the US president warned that a large armada was heading towards Iran, hinting at the possibility of an attack on the country. Trump also said the warships are larger than the fleet he sent to Venezuela and are “ready, willing and able to quickly carry out the mission, quickly and violently if necessary.”
Following his threat, President Trump urged Iran to quickly negotiate a fair and equitable deal that does not involve nuclear weapons, arguing that it would be good for all parties. He added that time was of the essence and hinted at his previous reluctance to make deals that would lead to Operation Midnight Hammer. “The next attack will be even worse! Don’t let it happen again,” he concluded.
The price of Bitcoin has fallen below $90,000 following President Trump’s threats against Iran. $BTC The company is also at risk of decline, especially given how major cryptocurrencies reacted last year when the US attacked Iran for failing to agree to a nuclear weapons agreement. $BTC It was noticeable at the time that it fell below $99,000 as this event triggered a risk-off sentiment.
Source: TradingView;Bitcoin daily chart
Following President Trump’s comments, Iran’s mission to the United Nations said it was ready for dialogue based on mutual respect and common interests. But the country warned that if pressured, it would “defend itself and respond in ways we have never seen before.”
The last time the United States fought unsuccessful wars in Afghanistan and Iraq, more than $7 trillion was wasted and more than 7,000 American lives were lost.
Iran is ready for a dialogue based on mutual respect and interests, but if pushed, it will defend itself and respond like never before. pic.twitter.com/k3fVEv1rus
— IRIRAN United Nations Mission, New York (@Iran_UN) January 28, 2026
Attack on Iran likely to be carried out by June
Cryptocurrency traders expect the US to attack Iran by June, according to Polymarket data. There is currently a 65% chance of a strike by June 30th, which could heighten geopolitical tensions and cause Bitcoin to collapse.
Source: Polymarket
It is worth noting that amidst these tensions, gold prices are on the rise, with the precious metal reaching an all-time high (ATH) of over $5,300. on the other hand, $BTC And the broader cryptocurrency market continues to trade sideways, erasing year-to-date (YTD) gains since the beginning of the year. Gold is also expected to outperform. $BTC This year, investors are moving into safe-haven assets.
Source: Polymarket
The bearish mood in the cryptocurrency market remains strong, and the Fed is unlikely to cut interest rates until June. According to Polymarket data, there is a 70% chance that the Fed will keep interest rates on hold until the June FOMC meeting.
The recent Fed rate cuts acted as a catalyst for rising prices for Bitcoin and the broader crypto market. $BTC It hit a record high last year just before the Fed cut rates at its September and October meetings.
