#IsraelIranConflict Israel and Iran this week has rattled global markets — and the crypto market hasn't been spared.
📉 Immediate Crypto Impact
**Sharp sell‑off**: Bitcoin dropped $BTC 4–5% from over \$109K to around \$103K right after Israel's airstrike on Iran’s nuclear and military facilities, prompting a swift risk-off reaction.
$ETH Ether slid ~8%, $SOL Solana ~9%,
**Liquidations**: Over \$1 billion in crypto positions were liquidated in under 24 hours, largely affecting leveraged long trades.
**Options demand**: Traders increased purchases of protective puts—7‑day skew hit its lowest since April—signaling fear.
🛡 Comparisons to Previous Conflicts
This drop mirrors patterns from late 2024, when a similar Israel-Iran flare-up caused an ~8% dip in Bitcoin followed by a rebound. Analysts suggest BTC may soon regain ground and possibly set new highs, citing typical post–geopolitical bounce setups.
Bottom line.
The 🇮🇱Israel–🇮🇷Iran conflict has rattled crypto markets, resulting in a swift and severe price drop along with elevated volatility. While Bitcoin hasn’t acted as a safe haven, historical patterns suggest a potential rebound. Still, uncertainty remains high — making hedging or dollar-cost averaging a wise strategy for risk-aware investment.