🔴 Bitcoin Plummets Below $77,000 Amid Trump's Threats to Iran 🔹 On May 17–18, 2026, Bitcoin's price plummeted below $77,000, according to TradingView. The asset and the broader market reacted sharply to US President Donald Trump's threats against Iran, signaling a potential escalation in geopolitical tensions. The premier cryptocurrency bottomed out at $76,583 in the short term. The weekly chart now reflects a 6.5% drawdown. 🔹 As a result of the crash, the 24-hour liquidation volume for futures contracts neared $675 million. The vast majority of losses hit long positions, underscores the sharp and aggressive nature of this correction. 🔹 Over the past 24 hours, the Crypto Fear and Greed Index dropped by four points. It currently sits in the "Fear" zone at 39 and continues to decline.