President Donald Trump confirmed on Truth Social that Iran shot down a U.S. Apache helicopter near the Strait of Hormuz, with the pilot and gunner rescued safely. Bitcoin fell to $61,647 at press time, declining 2% to 2.6% over the past 24 hours, extending a difficult week with losses exceeding 8% over seven days after falling from earlier daily highs near $63,800.
The market reaction reflects investor concerns about renewed military tension in the Gulf against reports that the United States and Iran remain close to a framework agreement on nuclear issues, which would cover uranium enrichment halts, enriched uranium dilution, nuclear facility dismantling, and expanded inspections. The Strait of Hormuz remains a closely watched area due to its importance to global energy shipments. Traders are monitoring Bitcoin's key support level near $60,000 and resistance at $65,000.