As tensions in the Middle East rose amid a power struggle over the Strait of Hormuz, with the United States firing on and seizing Iranian vessels, prices of virtual assets, including Bitcoin, fell across the board.
As of 8:40 a.m. on the 30th, Bitcoin was down 2.39% from 24 hours earlier at $73,938 on the global coin tracking site CoinMarketCap.
Over the same period, No. 2 by market cap Ethereum fell 3.66% to $2,267, and XRP (Ripple) was down 2.84% to $1.39.
U.S. President Donald Trump said on his social media (SNS) account that day that the United States seized an Iranian vessel in the Gulf of Oman. It was a counterstrike after Iran fired on commercial ships attempting to pass through the Strait of Hormuz.
According to CNBC, U.S. envoys including Vice President JD Vance were set to visit Pakistan that day for a second peace talk with Iran. However, Iranian state media said it rejected the talks. Trump then warned, "If Iran does not agree to a cease-fire, I will destroy all power plants and bridges in Iran."