##IsraelIranConflict

The recent escalation in the Israel-Iran conflict has significantly impacted global financial markets, including cryptocurrencies.

On June 13, 2025, Israeli airstrikes on Iranian nuclear facilities led to a sharp decline in crypto prices. Bitcoin fell to a low of $103,274 before recovering slightly to $105,061, marking a 1.9% drop over 24 hours. Other cryptocurrencies, including Ether, XRP, and Solana, experienced significant declines of 7.1%, 3.7%, and nearly 9%, respectively. The total market capitalization of cryptocurrencies fell from a high of $3.47 trillion on Wednesday to $3.22 trillion as investors shifted away .

This downturn challenges the narrative of Bitcoin being a "digital gold" or safe haven during uncertain times. In contrast, traditional safe-haven assets like gold rose by 1.1%.

The crypto market's sensitivity to geopolitical instability underscores the broader economic impact of international conflicts on investor behavior and market .