BTC price now: What next for bitcoin as Iran attacks U.S. bases in Kuwait, Bahrain, UAE

Bitcoin's price, which held above $63,000 following Iran's retaliatory missile and drone attacks on U.S. bases and Gulf allies (including confirmed strikes in Bahrain and interceptions over Qatar and the UAE), faces significant downside risk. The relative stability during the weekend is attributed to thin liquidity, but the real test comes when traditional markets open, as a sharp drop in equities and oil could trigger a second wave of risk-off selling in crypto, potentially pushing BTC toward $60,000 or lower. Unlike previous escalations, this conflict is regional, involving economically sensitive territory, making containment difficult. Historically, Bitcoin trades as a risk asset, suggesting that surging oil prices and global risk aversion could lead to deeper losses, testing the $60,000 support level under severe conditions.

(Source：CoinDesk)