Date: 21 June 2025
#iran #Israel The growing tension between Iran and Israel has officially turned into an armed conflict, shaking not only the Middle East but also global financial systems. On the morning of June 21, Iran’s Revolutionary Guard launched missiles into Israeli territory, prompting immediate retaliation by Israel. The ripple effect hit financial markets worldwide — especially the crypto sector, which witnessed a wave of volatility.
Crypto Market Reacts Sharply:
As the war headlines hit the news, major cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) saw sharp drops. Investors quickly pivoted toward stablecoins like USDT and USDC in a move to preserve capital.
BTC dropped 3.8% to $62,400
ETH slid 4.5%, settling near $3,240
Stablecoin transaction volume surged by 15%
Risk-Off Sentiment Dominates:
Whenever geopolitical tensions escalate, investors typically adopt a “risk-off” approach — withdrawing from volatile assets and moving into safer ones. The same was seen in crypto today. Analysts are warning that if hostilities escalate further, Bitcoin could dip below $60,000.
Is Crypto Still a Safe Investment?
This question is top-of-mind for traders. In the short term, expect turbulence. But in the long run, crypto may actually gain strength as a decentralized safe-haven, especially if traditional financial systems come under pressure due to war-related instability.