#btc Bitcoin Dips as Israel Launches Airstrikes on Iran

Bitcoin fell sharply late Thursday after Israel launched strikes on Iran, rattling global markets and sparking a flight from risk assets.

By Sebastian Sinclair

3 min read

Jun 13, 2025

Bitcoin fell more than 4% late Thursday after Israel launched airstrikes against targets in Iran, escalating tensions in the Middle East and prompting a broad selloff across risk assets.

The world’s largest cryptocurrency dropped to $103,556, down from a 24-hour high of $108,500, according to CoinGecko data.

Israel confirmed the strikes targeted Iranian military infrastructure near Tehran and Tabriz, in what it described as a “preemptive response” to growing threats.

In a press briefing on Thursday, Israeli Prime Minister Benjamin Netanyahu labeled Iran's nuclear ambitions a "clear and present danger," saying the preemptive response would "continue for as many days as it takes to remove this threat."$BTC