#IsraelIranConflict

Israel-Iran Conflict Shakes Crypto Market: Bitcoin Corrects from Peak, Altcoins Also Under Pressure

Tensions between Israel and Iran have escalated again and are starting to shake the global crypto market. The sentiment of geopolitical uncertainty is driving profit-taking and capital flight to safer assets, causing selling pressure across various digital assets.

Bitcoin (BTC), which previously reached a record above $112,000, has now corrected to the level of $104,900–$105,300 in the last 24 hours. It has plummeted nearly 7%, marking one of the deepest declines in recent weeks. Ethereum (ETH), BNB, and PEPE have also been dragged down, each weakening between 4% to 9%.

According to CryptoAsia analysts, regional-scale conflicts like this have the potential to drive high volatility and hinder the inflow of new capital. Meanwhile, stablecoins like USDT and USDC are experiencing a surge in demand, indicating that many investors are choosing to 'park safely' amid the geopolitical storm.

Daily transaction volumes on several major exchanges like Binance and Coinbase have sharply increased, reflecting a combination of profit-taking, panic selling, and mass cut-losses.

If this conflict continues to escalate, the crypto market is likely to face further pressure. Investors are advised to remain vigilant and avoid over-leverage in this full uncertainty condition.