#IsraelIranConflict 1. Increase in volatility in BTC and ETH
Following Israel's attack on Iran (June 13, 2025), Bitcoin plummeted abruptly from ~108,000 USD to 103,000 USD in a matter of hours. ETH also saw a sharp decline.
These types of movements reflect rapid sales driven by fear or geopolitical uncertainty, even when the event does not directly affect the crypto ecosystem.
🛡️ 2. Safe haven or risk aversion: it depends on the moment
Cryptocurrencies can act as an alternative refuge in crises (similar to gold), especially in countries with unstable currencies.
➤ For example, in Iran, the rial fell and searches for BTC on P2P platforms increased.
However, in the global short term, many institutional investors prefer to reduce exposure to volatile assets (like crypto) during conflicts, leading to sales and price drops.