#IranIsraelConflict #Crisis š» Short-Term Market Reaction
#BTC dipped from about $105K to briefly lower levels (~ $100ā101K), with volatility surging as traders fled to safe-haven assets .
#ETH was hit harder, dropping 7ā8%ātrading around $2,200ā2,300 after the strikes .
Total crypto market cap shrank by roughly $40ā240āÆbillion depending on the source .
āļø Resilience & Institutional Support
Despite volatility, Bitcoin held above the symbolic $100K mark, partly supported by US spot-BTC ETF inflows continuing a 9-day streak (~ $1B in net weekly inflows) .
Historically, geopolitical shocks tend to trigger sharp but brief declines, followed by reboundsāas seen in past conflicts like 2022ās RussiaāUkraine and 2023ās Gaza war.
š Technical & OnāChain Signals
Onāchain data shows institutional accumulation: inflows to major ETFs like BlackRockās in June amounted to roughly $412āÆmillion .
Technical indicators suggest a potential contrarian opportunity: Bitcoinās 20āday moving average crossing above its 50āday MA often signals a rebound.
š Broader Market Implications
Geopolitical tension boosted oil prices (likely near or over $100/barrel if Iran retaliates), increasing risk aversion in global markets .
Investors have shifted toward USD, gold, and bonds, intensifying pressure on risk assets including cryptocurrencies .
š§ What This Means for Crypto Investors
Volatility remains elevated as traders monitor:
Iranās response, especially if it affects Strait of Hormuz.
Macro factors: Fed signals, oil prices, and safe-haven sentiment.
ETF flowsācontinued inflows could help stabilize prices, especially for BTC.