Trump’s Iran Warning Sends Bitcoin Tumbling Below $77K In Risk-Off Shock

Bitcoin’s bearish momentum hit hardest on the technical charts, with the cryptocurrency breaking below all major exponential moving averages by early Monday.

Trading around $76,750, it sat well beneath the 20-hour EMA at $77,580, the 50-hour at $78,120, the 100-hour at $78,767, and the 200-hour at $79,350.

MACD indicators reinforced the downside pressure, with the line at negative 359, the signal at negative 243, and the histogram at negative 116.

Geopolitical Shock Hits An Already Weakened Market

The slide began Sunday night after US President Donald Trump posted a pointed warning to Iran on Truth Social:

“For Iran, the Clock is Ticking, and they better get moving, FAST, or there won’t be anything left of them. TIME IS OF THE ESSENCE!” Trump wrote, following stalled diplomatic talks and a call with Israeli Prime Minister Benjamin Netanyahu.

The post immediately rattled financial markets. Oil prices climbed. The US dollar strengthened. Investors pulled back from riskier assets — and Bitcoin was among the first to feel it.

By early Monday, Bitcoin was trading at roughly $76,780, down about 1.55% over the prior 24 hours, according to Coingecko data.

The day’s range ran from a low near $76,680 to a high of $78,530. Trading volume surpassed $24 billion. The drop erased approximately $33 billion from Bitcoin’s market capitalization in a matter of hours.

ETF Outflows Had Already Set The Stage

The Iran headlines landed on a market that was already under pressure. US spot Bitcoin ETFs recorded a record single-day net withdrawal of $635 million on May 13 — the largest outflow since late January.

That figure contributed to a total of $1 billion leaving ETF funds over the course of the week, snapping a six-week inflow streak. Additional redemptions followed in subsequent sessions, pointing to fading institutional appetite after a period of strong buying.