President Donald Trump is set to receive a military briefing on Iran options as Bitcoin opened at its lowest level since April 13 amid rising geopolitical tensions.
The briefing from CENTCOM Commander Admiral Brad Cooper outlines potential actions including targeted infrastructure strikes, a Strait of Hormuz ground operation, and securing Iran’s uranium stockpile.
“Somewhat more effective than bombing,”
Trump said, referring to a naval blockade option, signalling that military escalation remains under active consideration.
Crypto markets reacted sharply to the Axios report, with Ethereum falling to a multi-week low while oil prices surged above $107 per barrel on supply disruption fears.
The escalation comes as nuclear negotiations between Washington and Tehran have stalled, with Iran refusing to abandon uranium enrichment and rejecting talks under continued US pressure.
Bitcoin has shown heightened sensitivity to geopolitical developments in 2026, dropping from around $79,000 to the mid-$74,000 range this week as both Federal Reserve policy signals and Iran tensions weighed on sentiment.
The conflict has also intersected with crypto infrastructure, with Iran reportedly demanding stablecoin payments for Strait of Hormuz transit, further linking digital assets to global trade dynamics.
At the time of reporting, Bitcoin price was $76,264.29.