{"id":39870,"date":"2026-04-02T14:47:38","date_gmt":"2026-04-02T14:47:38","guid":{"rendered":"https:\/\/cryptomag.finance\/?p=39870"},"modified":"2026-04-02T14:47:38","modified_gmt":"2026-04-02T14:47:38","slug":"bitcoin-price-continues-sliding-as-president-trump-signals-iran-escalation-raising-risk-of-drop-toward-60000","status":"publish","type":"post","link":"https:\/\/cryptomag.finance\/?p=39870","title":{"rendered":"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000"},"content":{"rendered":"

Bitcoin Magazine<\/a>
\n
\nBitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000<\/a><\/p>\n

<\/div>\n

Bitcoin price fell last night after President Donald Trump signaled a potential escalation in military action against Iran, triggering a broad pullback across global markets and raising questions about whether bitcoin price could test lower support levels.<\/p>\n

The price of Bitcoin dropped<\/a> nearly 4% within hours after Trump\u2019s April 1 address, sliding to below $66,000 early April 2. The decline came as investors shifted away from risk assets following remarks that pointed to harder strikes in the coming weeks, with no timeline for de-escalation.<\/p>\n

Equity markets also moved lower. The S&P 500 traded in negative territory, while Asia-Pacific equities reversed earlier gains<\/a>. At the same time, oil prices surged, with Brent crude rising above $106 per barrel as traders priced in the possibility of prolonged disruption in the Strait of Hormuz, a key global shipping route.<\/p>\n

The move highlights how closely Bitcoin price is tracking traditional markets during periods of geopolitical stress.\u00a0<\/p>\n

Data shows the 30-day correlation between Bitcoin price and the S&P 500 has climbed to around 0.75, indicating that institutional investors are treating the digital asset more like a high-growth technology proxy than a hedge.<\/p>\n

Bitcoin price resilience\u00a0<\/h2>\n

Bitcoin had shown some resilience in recent weeks, ending March with a modest gain and snapping a multi-month losing streak. However, it remains down roughly 45% from its prior peak above<\/a> $126,000, and demand indicators suggest continued pressure.\u00a0<\/p>\n

\n
\n
\n

JUST IN: Bitcoin has closed its first green month after 5 months of red \"\ud83d\udc40\" pic.twitter.com\/jVMxXp9w2L<\/a><\/p>\n

\u2014 Bitcoin Magazine (@BitcoinMagazine) April 1, 2026<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

From a technical perspective, Bitcoin is now approaching a key support range between $64,000 and $65,000. The level has held through several recent tests, but a break below it could open the door to a move toward $60,000, near the February low, according to Bitcoin Magazine Pro<\/em> data.<\/p>\n

On the upside, resistance sits around $68,000 and $70,000. Analysts say those levels need to be reclaimed to shift sentiment and support a recovery narrative.\u00a0<\/p>\n

Until then, price action remains constrained by a pattern of lower highs that has developed since March.<\/p>\n

Long-term holder data suggests<\/a> the market may be moving through a late-stage bear cycle. Investors holding Bitcoin for six months or more now control about 80% of supply, approaching levels that have marked past market bottoms.\u00a0<\/p>\n

Even so, previous cycles indicate that extended periods of sideways trading often follow before a sustained recovery begins.<\/p>\n

On top of this, Bitcoin treasury firms and public companies are offloading<\/a> BTC as prices fall, adding fresh pressure to the market as long-term holders turn into sellers. Companies including Riot Platforms, MARA Holdings, and Genius Group have trimmed holdings this week to raise liquidity and service balance sheets.<\/p>\n

For now, Bitcoin\u2019s reaction to geopolitical developments underscores its current role within the broader macro environment.\u00a0<\/p>\n

As long as uncertainty around the Iran conflict persists, market direction may remain tied to shifts in risk sentiment rather than a return to the asset\u2019s safe-haven narrative.<\/p>\n

This post Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000<\/a> first appeared on Bitcoin Magazine<\/a> and is written by Micah Zimmerman<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

Bitcoin Magazine Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 Bitcoin price fell last night after President Donald Trump signaled a potential escalation in military action against Iran, triggering a broad pullback across global markets and raising questions about whether bitcoin price could test lower support levels. […]<\/p>\n","protected":false},"author":1,"featured_media":39871,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[45],"tags":[],"class_list":{"0":"post-39870","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin"},"yoast_head":"\nBitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 - Cryptomag<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptomag.finance\/?p=39870\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 - Cryptomag\" \/>\n<meta property=\"og:description\" content=\"Bitcoin Magazine Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 Bitcoin price fell last night after President Donald Trump signaled a potential escalation in military action against Iran, triggering a broad pullback across global markets and raising questions about whether bitcoin price could test lower support levels. […]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptomag.finance\/?p=39870\" \/>\n<meta property=\"og:site_name\" content=\"Cryptomag\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-02T14:47:38+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/04\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000.jpg\" \/>\n<meta name=\"author\" content=\"Crypto Magazine\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:site\" content=\"@cryptomagz\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Crypto Magazine\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870\"},\"author\":{\"name\":\"Crypto Magazine\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"headline\":\"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000\",\"datePublished\":\"2026-04-02T14:47:38+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870\"},\"wordCount\":539,\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000-kXMcx9.jpg\",\"articleSection\":[\"Bitcoin\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870\",\"name\":\"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 - Cryptomag\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000-kXMcx9.jpg\",\"datePublished\":\"2026-04-02T14:47:38+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/cryptomag.finance\\\/?p=39870\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870#primaryimage\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000-kXMcx9.jpg\",\"contentUrl\":\"https:\\\/\\\/cryptomag.finance\\\/wp-content\\\/uploads\\\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000-kXMcx9.jpg\",\"width\":1920,\"height\":1080},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/?p=39870#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/cryptomag.finance\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#website\",\"url\":\"https:\\\/\\\/cryptomag.finance\\\/\",\"name\":\"Cryptomag\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/cryptomag.finance\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/cryptomag.finance\\\/#\\\/schema\\\/person\\\/f749cd846c4f13ef717c12a20ce9d040\",\"name\":\"Crypto Magazine\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g\",\"caption\":\"Crypto Magazine\"},\"sameAs\":[\"https:\\\/\\\/cryptomag.finance\",\"https:\\\/\\\/x.com\\\/cryptomagz\"],\"url\":\"https:\\\/\\\/cryptomag.finance\\\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 - Cryptomag","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptomag.finance\/?p=39870","og_locale":"en_US","og_type":"article","og_title":"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 - Cryptomag","og_description":"Bitcoin Magazine Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 Bitcoin price fell last night after President Donald Trump signaled a potential escalation in military action against Iran, triggering a broad pullback across global markets and raising questions about whether bitcoin price could test lower support levels. […]","og_url":"https:\/\/cryptomag.finance\/?p=39870","og_site_name":"Cryptomag","article_published_time":"2026-04-02T14:47:38+00:00","og_image":[{"url":"https:\/\/bitcoinmagazine.com\/wp-content\/uploads\/2026\/04\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000.jpg","type":"","width":"","height":""}],"author":"Crypto Magazine","twitter_card":"summary_large_image","twitter_creator":"@cryptomagz","twitter_site":"@cryptomagz","twitter_misc":{"Written by":"Crypto Magazine","Est. reading time":"3 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/cryptomag.finance\/?p=39870#article","isPartOf":{"@id":"https:\/\/cryptomag.finance\/?p=39870"},"author":{"name":"Crypto Magazine","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"headline":"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000","datePublished":"2026-04-02T14:47:38+00:00","mainEntityOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=39870"},"wordCount":539,"image":{"@id":"https:\/\/cryptomag.finance\/?p=39870#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000-kXMcx9.jpg","articleSection":["Bitcoin"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/cryptomag.finance\/?p=39870","url":"https:\/\/cryptomag.finance\/?p=39870","name":"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000 - Cryptomag","isPartOf":{"@id":"https:\/\/cryptomag.finance\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptomag.finance\/?p=39870#primaryimage"},"image":{"@id":"https:\/\/cryptomag.finance\/?p=39870#primaryimage"},"thumbnailUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000-kXMcx9.jpg","datePublished":"2026-04-02T14:47:38+00:00","author":{"@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040"},"breadcrumb":{"@id":"https:\/\/cryptomag.finance\/?p=39870#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptomag.finance\/?p=39870"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptomag.finance\/?p=39870#primaryimage","url":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000-kXMcx9.jpg","contentUrl":"https:\/\/cryptomag.finance\/wp-content\/uploads\/Bitcoin-Price-Continues-Sliding-as-President-Trump-Signals-Iran-Escalation-Raising-Risk-of-Drop-Toward-60000-kXMcx9.jpg","width":1920,"height":1080},{"@type":"BreadcrumbList","@id":"https:\/\/cryptomag.finance\/?p=39870#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptomag.finance\/"},{"@type":"ListItem","position":2,"name":"Bitcoin Price Continues Sliding as President Trump Signals Iran Escalation, Raising Risk of Drop Toward $60,000"}]},{"@type":"WebSite","@id":"https:\/\/cryptomag.finance\/#website","url":"https:\/\/cryptomag.finance\/","name":"Cryptomag","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptomag.finance\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptomag.finance\/#\/schema\/person\/f749cd846c4f13ef717c12a20ce9d040","name":"Crypto Magazine","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/2c24e7a3322cdb9140c7dde381c870ae2c527e0dc5af67ed7a7db042bb2e1d14?s=96&d=mm&r=g","caption":"Crypto Magazine"},"sameAs":["https:\/\/cryptomag.finance","https:\/\/x.com\/cryptomagz"],"url":"https:\/\/cryptomag.finance\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/39870","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=39870"}],"version-history":[{"count":0,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/posts\/39870\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=\/wp\/v2\/media\/39871"}],"wp:attachment":[{"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=39870"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=39870"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptomag.finance\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=39870"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}