#IsraelIranConflict Geopolitical tensions between Israel and Iran recently rattled global cryptocurrency markets, shattering once-held beliefs that digital assets act as a “safe haven.” On June 13, 2025, Israeli airstrikes targeting Iranian military and nuclear facilities triggered a swift crypto sell-off: Bitcoin slumped roughly 2–3 %, dipping below $103,000, while Ethereum dropped ~7.6%, XRP ~5%, and Solana nearly 9% . Market capitalization fell from $3.47 trillion to $3.22 trillion .

In stark contrast, traditional safe havens like gold surged around 1.1%, and oil prices spiked, highlighting investor risk aversion . Commentators, including Peter Schiff, have criticized Bitcoin’s failed bid to mirror gold during crises, reinforcing doubts over its “digital gold” status .

This episode underscores the crypto market’s sensitivity to geopolitical instability and reveals that risk-off behavior still dominates investor sentiment in the face of real-world conflict—even when traditional markets aren’t shut.$BTC