Bitcoin dropped to $66,172 as of 8:10 AM EST after opening at $68,097.27 on Thursday, marking a 3% decline over 24 hours. The downturn coincided with President Trump's statements about hitting Iran hard within the next two to three weeks, promising to 'finish it very fast.' Ethereum experienced steeper losses, falling 4.4% to $2,030 from its opening price of $2,139.63. The cryptocurrency market's negative reaction reflects ongoing uncertainty about geopolitical conflicts, which traditionally suppress demand for riskier assets. Oil prices surged more than 14% to $113.01 per barrel following Trump's speech, creating additional market volatility that impacted digital assets across the board.