📉 The crypto market is shaken by geopolitical concerns? It happens again this week!
In recent days, the relationship between Israel and Iran has become tense again, and the global media has been reporting on this. And our Bitcoin (#BTC ) was also shocked - it plummeted by 6% in just 72 hours, and the entire crypto market evaporated more than 200 billion US dollars overnight! 😱
But don't panic, the plot twists can come just as quickly.
😨 After the panic, the market began to recover!
However! The good news is that this wave of tension did not last long and soon showed signs of cooling down.
Coupled with the fact that the inflow of funds into Bitcoin ETFs remained stable, the market stabilized soon. Bitcoin also rebounded quickly and stabilized around $104,000 💪
🔄 Familiar script: sharp drop → emotional collapse → quick rebound
This is not the first time. The Ukrainian war, the banking crisis... Every time a major event occurs, the crypto market is always shocked at first, and then quickly adapts. 📉➡️📈
This time is no exception. Although the keywords "Israel" and "Iran" surged on social platforms, and Santiment data showed that sentiment was once very pessimistic, the market rebounded quickly. BTC price fluctuations are not large, with a daily volatility of less than 2.1%, which can be described as stable as an old dog.
🧑💻 Hacker attacks have also come, but the market is not panicking?
Do you think this wave of geopolitics is exciting enough? No, there is still a next chapter!
Iran’s largest cryptocurrency exchange Nobitex was attacked by a cyber organization, losing $49 million, and is suspected to be related to the military cyber force...💣
Normally, this kind of news would definitely cause market panic, but this time - there was almost no reaction!
The volatility of Bitcoin is less than 2.1%, which is quite stable.
💚 ETF stabilizes the morale of the troops, and funds are quietly entering the market
Although the situation is unstable, the inflow of ETF funds has not stopped. On June 9, 10 and 16, the inflow of funds was particularly significant, reaching more than 216 million US dollars 💸
The total assets of ETFs now exceed US$128 billion, which can be said to be one of the biggest contributors to this wave of stability.
The organization is really stabilizing the situation 😤
📊 Bitcoin = safe haven asset? Now more like a tech stock?
Ray Youssef, former CEO of Paxful, said:
“Bitcoin is less like a safe-haven and more like a tech stock right now.”
The data also confirms this: the correlation between BTC and Nasdaq 100 is now 0.68, which is very high, indicating that it is increasingly affected by the macro economy. 📉 It is now more following the overall market.
😐 Being stable now doesn’t mean it will be stable in the future
Although things may seem calm in the short term, don’t forget: geopolitical uncertainties remain and macroeconomic risks are not far away.
Alphractal’s data also suggests that market sentiment may be approaching the “distribution phase” — in other words, some people may be ready to “cash out at high levels.”
Many analysts also believe that October 2025 may be a major turning point, and the current "calm period" may just be the calm before the storm. 🌩️
🧠 Summary:
This isn’t the first crypto market scare, and it won’t be the last.
Emotions will fluctuate, prices will fluctuate, and keeping a steady mind is the real operation💪
Remember, don’t get carried away; don’t be scared by FUD. 🌊🧘
⚠️ Don’t take the subsequent risks lightly, October may be the next turning point
DYOR, do a good job of risk control, and I hope everyone can set sail in the cryptocurrency circle! 🌊
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