#IsraelIranConflict The escalating conflict between Israel and Iran, marked by Israel's airstrikes on June 13, 2025, has significantly impacted the Ethereum (ETH) market. Similar to Bitcoin, ETH experienced a sharp decline, plummeting nearly 7% and at one point dropping below $2,500. This reaction underscores Ethereum's current classification as a risk-on asset, rather than a safe haven, in times of geopolitical turmoil.