{"id":37328,"date":"2026-08-11T09:41:27","date_gmt":"2026-08-11T09:41:27","guid":{"rendered":"https:\/\/icobench.com\/?p=37328"},"modified":"2026-08-11T09:41:27","modified_gmt":"2026-08-11T09:41:27","slug":"best-crypto-to-buy-as-market-dips-following-latest-trump-statements-on-iran","status":"publish","type":"post","link":"https:\/\/icobench.com\/news\/press-releases\/best-crypto-to-buy-as-market-dips-following-latest-trump-statements-on-iran\/","title":{"rendered":"Best Crypto to Buy as Market Dips Following Latest Trump Statements on Iran"},"content":{"rendered":"

Geopolitical tensions have a way of fraying investors\u2019 nerves, and the latest comments out of Washington have done exactly that for risk assets today. With the total cryptocurrency market cap slipping 1.6% over the past day to around $2.19 trillion, Bitcoin (down 1.7%) attempting to hold near $64,000, and Ethereum falling more than 2.4%, traders are scrambling to find the best crypto to buy amid the pullback.<\/p>\n

President Trump\u2019s latest statements on the Iran conflict, including claims of full US naval control over the Strait of Hormuz and new demands for financial reparations from Iran, have pushed oil prices higher and injected caution into risk markets. The US-Iran standoff has continued to leave questions about energy supplies open, and crypto has not been immune to the resulting volatility.<\/p>\n

At the same time, a handful of early-stage projects have persistently attracted whale-sized capital. One standout has been Bitcoin Hyper (HYPER)<\/a>, a Bitcoin Layer 2 project whose presale has now pulled in more than $33 million. That performance, combined with an intense focus on faster and cheaper Bitcoin transactions, positions HYPER as the best crypto to buy<\/a> for those looking beyond the current chop.<\/p>\n

Crypto Markets Navigate Mixed Signals Amid Hormuz Rhetoric<\/span><\/h2>\n

Bitcoin has dropped 1.7% over the past 24 hours<\/a> to hover close to the $64,000 level, while Ethereum has fallen more sharply, losing 2.4% to hit $1,870. Solana is down 1.4%, XRP has declined 2.8%, and the overall crypto market cap has contracted by 1.6%. A 128% rise in liquidations to nearly $197 million points to forced selling, and the Crypto Fear and Greed Index reading of 37 confirms that sentiment remains fragile and fearful.<\/p>\n

President Trump\u2019s assertion<\/a> that US forces now hold complete control of the Strait of Hormuz after clearing mines, paired with demands for compensation from Iran, has pushed oil higher and made it clear that the energy disruption is far from resolved. Iranian officials have continued to insist on the lifting of the US naval blockade alongside other conditions before any full reopening takes place \u2013 and the resulting standoff has kept energy markets elevated and spilled into the crypto space.<\/p>\n

Some market participants have been watching the $64,000 zone as a key short-term reference point for Bitcoin, with analyst Daan Crypto flagging key moving averages as potential targets.<\/p>\n

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$BTC<\/a> Closed slightly below the 4H 200MA\/EMA but stalling here.<\/p>\n

Today should make it clear where this is headed. $64K area is the main pivot level with a lot of confluence around here. Quite a few alts still looking decent & strong so that's where my focus is primarily.<\/p>\n

CPI\u2026 https:\/\/t.co\/rw9oleKx0r<\/a> pic.twitter.com\/fjGDbiIoqu<\/a><\/p>\n

\u2014 Daan Crypto Trades (@DaanCrypto) August 11, 2026<\/a><\/p><\/blockquote>\n