Here are the impacts of the Iran-Israel war on the crypto market based on the latest news (as of June 23, 2025):
### 1. Crypto Price Movement
- Bitcoin briefly fell below $100,000 after the US strike on Iran's nuclear site (June 22, 2025).
- Ether also experienced a decline of more than 5%, while Bitcoin fell about 1% in the initial market reaction.
- At the time traditional markets closed, the main reaction actually occurred in the crypto market, which remained active.
### 2. Market Sentiment & Investor Reaction
- This conflict triggered sell-off in the crypto market, especially after military escalation between the US, Israel, and Iran.
- Investors tend to seek safe haven assets amid geopolitical uncertainty, but volatility in crypto remains high.
- There are concerns about rising oil prices and their impact on the global market, including crypto.
### 3. Security & Regulatory Issues
- The conflict also raises concerns about a "war of codes" or cyber warfare, including the potential for attacks on crypto infrastructure.
- There are reports of attacks on Iranian crypto exchanges, adding uncertainty to the regional crypto ecosystem.
Overall, the Iran-Israel war has caused high volatility in the crypto market, with significant price drops in major assets like Bitcoin and Ether, as well as increasing concerns related to security and market stability.