Even though a ceasefire was announced, the situation between Iran, Israel, and the U.S. is still very tense. On June 24, 2025, former U.S. President Donald Trump said that Iran agreed to stop attacks at 4 a.m., and Israel would follow 12 hours later. But neither side has officially confirmed this. Iran’s foreign minister said they’ll only stop if Israel does first. Meanwhile, Iran kept firing missiles, including one that hit Be’er Sheva in Israel and killed civilians. They also launched missiles at the U.S. Al Udeid Air Base in Qatar, but American defense systems blocked them. In return, the U.S. and Israel bombed Iran’s key nuclear sites like Fordow, Natanz, and Isfahan. Reports also said that earlier, Mossad used drones inside Iran to damage missile launch systems before the attacks.
Even with the fighting, oil prices went down a little and shipping in the Strait of Hormuz stayed normal. At the same time, the crypto market reacted quickly. Bitcoin jumped above $68,000 as traders moved money into crypto during the tension. Ethereum also rose, crossing $3,600. People were using crypto as a safe place while the world watched what would happen next. Coins like Solana and XRP also gained. But if the war gets worse, crypto could see big ups and downs. Qatar is trying to bring Iran and Israel to the table for peace talks, and Iran has shown some interest in returning to nuclear negotiations. But right now, the whole situation still feels risky, both for the region and for the markets.$BTC