Based on current information and historical trends, here's what we know and what you can consider:

* Immediate Impact: As of today, June 14, 2025, news reports indicate that Israeli strikes on Iranian nuclear facilities have already caused a notable downturn in the crypto market. Bitcoin and other major cryptocurrencies have seen drops, and there's been a significant liquidation of long positions, meaning many traders betting on higher prices were forced to sell. This immediate reaction is typical for "risk-off" events, where investors move out of volatile assets like crypto and into perceived safe havens like gold, the US dollar, and government bonds.

* Correlation with Risk Assets: Despite the narrative of Bitcoin being "anti-war" or "anti-recession," in moments of acute geopolitical conflict, it tends to behave like other risk assets, correlating with the stock market. This means if the conflict escalates and broad market sentiment remains negative, crypto could continue to face pressure.