#IsraelIranConflict Today, June 13, 2025, the crypto market is experiencing a pullback amid heightened geopolitical tensions following Israel’s military strike on Iran. Bitcoin dropped around 4% overnight to ~$103 K, before pulling back to the $105 K range, while Ethereum also slipped ~7% in the same period . This slump comes as risk assets feel the pressure—S&P 500 futures are down ~1.4%, oil prices surged, and investors rotated into traditional havens like gold, which gained about 1.1% .

The broader crypto market cap slid from approximately $3.47 trillion to $3.22 trillion in just two days, reflecting heightened risk aversion . Still, sentiment remains technically bullish: speculative altcoins like Solana are showing positive chart patterns, and analysts forecast potential rallies in ETH and SOL during the summer months, especially if institutional inflows continue .

In summary, crypto is undergoing a volatile pullback driven by unsettled geopolitics, but structural positives like DeFi growth, institutional accumulation, and tech support point to a possible summer resurgence—though short‑term risk remains elevated