Bitcoin crashes to $68,000 as US threatens to “obliterate’ all Iranian power plants

Bitcoin drops after Trump’s Truth Social threat turns ceasefire language into renewed escalation Overnight, Bitcoin dramatically fell 2.8% after President Donald Trump issued a Truth Social post threatening to “obliterate” Iran’s power plants if the Strait of Hormuz was not reopened within 48 hours. The drop ran from roughly $70,400 to $68,200 before a partial rebound toward $69,500. By press time, Bitcoin had soften…