The tension between Israel and Iran has escalated again, drawing widespread attention from the international community.
The Tel Aviv stock market in Israel rebounded after an early decline, while the cryptocurrency market seems to have absorbed the negative impact of the conflict, with the sentiment index still in the 'greed' range.
This article will explore the background of this conflict, international responses, and market performance.
Background of the conflict
On June 15, the Tel Aviv stock market in Israel rebounded after an early decline, with the main stock index currently up 0.1%.
Previously, the Israeli army destroyed more than 10 facilities belonging to Iran's nuclear weapon manufacturing system.
Iran's Foreign Minister Zarif stated that Israel's attack 'crossed a new red line' and accused the U.S. military of supporting Israel's actions, demanding that the U.S. take a clear stance and condemn the attack.
International response
The United States is trying to ease tensions between Israel and Iran.
According to Israel (Homeland Report), the United States is promoting information exchange to ease tensions between both parties.
Iran demands that the United States withdraw from the conflict, indicating its skepticism about U.S. involvement.
Market performance
Despite the geopolitical tensions, the cryptocurrency market sentiment index 'Fear and Greed Index' remains in the 'greed' range.
Bitcoin fell by 2.8% on Friday to $103,000, but market participants pointed out that Bitcoin has shown relative strength.
Cryptocurrency analyst Za stated that Bitcoin seems indifferent to the conflict between Israel and Iran, while crypto entrepreneur Anthony Pompliano called Bitcoin 'tireless.'
Traders remain confident that $btc can maintain above the psychological threshold of $100,000.
Potential impacts of the conflict
The conflict between Israel and Iran not only affects regional security but also causes fluctuations in global markets.
The reactions of the stock market and cryptocurrency market show investors' concerns about geopolitical risks, but also reflect the resilience of the market.
As the conflict develops further, the international community's mediation efforts and the adaptability of the market will become the focal point.
Ongoing conflict could bring greater uncertainty
The tension between Israel and Iran reminds us again of the impact of geopolitical conflicts on global markets.
Although the market shows some resilience, ongoing conflict may bring greater uncertainty.
The international community's mediation efforts will be key to easing tensions, while the market's response will continue to reflect investors' risk assessments.
