USA Joins the War With Iran: Crypto Market Crashes
The post USA Joins the War With Iran: Crypto Market Crashes appeared on BitcoinEthereumNews.com. AltcoinsBitcoin Recent direct airstrikes by the United States on three significant nuclear sites in Iran have ignited widespread concern and debate, with immediate repercussions felt across social media and the global financial landscape, including the cryptocurrency market. President Donald Trump has declared the strikes a success, issuing a stern warning of “far greater” force if Iran retaliates, marking a considerable escalation in tensions following a week of crossfire between Israel and Iran. The domestic reaction within the US has been sharply divided. Representative Alexandria Ocasio-Cortez (D-NY) has called for impeachment proceedings against President Trump, while others defend the action as a necessary measure to curb Iran’s nuclear ambitions. Internationally, leaders and analysts are bracing for potential retaliation, not limited to direct military action but also encompassing cyberattacks, proxy violence, or disruptions to vital global oil supply routes. With approximately 40,000 US troops stationed in the region, the prospect of further escalation is a major concern. In the crypto space, the response has been swift. According to social metrics on Santiment, mentions of “Iran” nearly instantly spiked as the news hit. Bitcoin’s price had initially remained surprisingly steady, but this could be more due to the fact that the strikes happened at night in the middle of the weekend in the US. Events like this often drive volatility as investors weigh the risks of a broader war. While Bitcoin showed initial resilience, the broader cryptocurrency market has since experienced significant downturns over the past week, suggesting a delayed reaction or broader market apprehension. Data from June 22, 2025, reveals considerable losses across major cryptocurrencies, indicating a market “crash” or significant correction for many assets. For instance, Ethereum (ETH) has fallen by nearly 10% (9.93%) over the last seven days, while Solana (SOL) saw an even steeper decline of 7.34%. Even Bitcoin…
The post USA Joins the War With Iran: Crypto Market Crashes appeared on BitcoinEthereumNews.com.
AltcoinsBitcoin Recent direct airstrikes by the United States on three significant nuclear sites in Iran have ignited widespread concern and debate, with immediate repercussions felt across social media and the global financial landscape, including the cryptocurrency market. President Donald Trump has declared the strikes a success, issuing a stern warning of “far greater” force if Iran retaliates, marking a considerable escalation in tensions following a week of crossfire between Israel and Iran. The domestic reaction within the US has been sharply divided. Representative Alexandria Ocasio-Cortez (D-NY) has called for impeachment proceedings against President Trump, while others defend the action as a necessary measure to curb Iran’s nuclear ambitions. Internationally, leaders and analysts are bracing for potential retaliation, not limited to direct military action but also encompassing cyberattacks, proxy violence, or disruptions to vital global oil supply routes. With approximately 40,000 US troops stationed in the region, the prospect of further escalation is a major concern. In the crypto space, the response has been swift. According to social metrics on Santiment, mentions of “Iran” nearly instantly spiked as the news hit. Bitcoin’s price had initially remained surprisingly steady, but this could be more due to the fact that the strikes happened at night in the middle of the weekend in the US. Events like this often drive volatility as investors weigh the risks of a broader war. While Bitcoin showed initial resilience, the broader cryptocurrency market has since experienced significant downturns over the past week, suggesting a delayed reaction or broader market apprehension. Data from June 22, 2025, reveals considerable losses across major cryptocurrencies, indicating a market “crash” or significant correction for many assets. For instance, Ethereum (ETH) has fallen by nearly 10% (9.93%) over the last seven days, while Solana (SOL) saw an even steeper decline of 7.34%. Even Bitcoin…
What's Your Reaction?
