Geopolitics controls stocks and crypto
Last Updated on 30 March 2026 by CryptoTips.eu
According to an article in the Washington Post this weekend, the United States is preparing a ground offensive of ‘several weeks’ in Iran. If that is true, then the oil price could indeed rise while stock markets and crypto are likely to fall further. Analysts believe that a doomsday scenario in which Bitcoin drops to $40,000 per coin cannot be ruled out.
Ground troops
Bitcoin and the major altcoins may be at risk now that the war with Iran is escalating further, especially given the Houthi’s participation in the conflict and the arrival of US ground troops in the Middle East.
President Donald Trump more than likely intends to occupy the crucial island of Kharg and subsequently clear control of the Strait of Hormuz, a shipping route through which 20% of the world’s crude oil passes.
However, the implications of such an action are that oil prices will continue to rise in the coming weeks, which will lead to higher inflation in the United States and Europe. As a result, the Federal Reserve (and the ECB) would then pursue a stricter policy again, possibly by raising interest rates.
This would trigger a further decline for Bitcoin. Support lies successively at $60,000 and then $40,000.
At the time of writing, Bitcoin is trading for $67,000.