15.06.2025 12:50
Israel's recent airstrikes targeting Iranian nuclear facilities on June 15th sent shockwaves through global financial markets, triggering significant volatility across various asset classes. The attacks, which reportedly involved more than ten Iranian nuclear sites, immediately prompted a strong reaction from Iranian Foreign Minister Araqchi, who condemned the action, suggesting US complicity and declaring the strikes a breach of international norms. The United States has yet to offer an official statement on the incident.
Oil prices surged by a dramatic 11% in the immediate aftermath, reflecting widespread concern over escalating regional instability in the volatile Persian Gulf. Conversely, Bitcoin experienced a sharp sell-off, plummeting to $103,000, demonstrating a clear flight to safety among investors wary of the geopolitical uncertainty. This contrasts sharply with Bitcoin's performance during similar tensions in January 2020, when its value rose, highlighting the complex and often unpredictable nature of cryptocurrency's response to major global events.
The Tel Aviv Stock Exchange initially experienced a dip but recovered strongly, ultimately closing the day up 0.1%. This resilience, however, belies the underlying tension, with the surge in defense contractor stocks mirroring analysts' predictions of increased global defense spending. International reactions were divided, with UK Prime Minister Starmer suggesting Israel's actions were justifiable if aimed at preventing Iran from acquiring nuclear weapons. Conversely, Green Party MP Ellie Chowns criticized Israel, characterizing its actions as a violation of international law.
As of June 15th, 2025, at 12:45 UTC, Bitcoin (BTC) traded at $105,123.99, with a market capitalization of $2,089,654,734,792 and a market dominance of 63.92%, according to CoinMarketCap data. While Bitcoin had shown gains of 26.14% over the preceding 90 days, the recent geopolitical events resulted in a 0.50% drop over the past week. This data, gleaned from internet sources, underscores the ongoing impact of the Israeli airstrikes on the cryptocurrency market.
