22.06.2025 13:44
Escalating tensions in the Middle East have sent shockwaves through global markets, triggering a significant downturn in cryptocurrency values. The Iranian Parliament's recent approval of a bill to potentially close the Strait of Hormuz, a crucial shipping lane, has heightened anxieties. While requiring further approval from Iran's Supreme National Security Council for full implementation, the bill, coupled with statements from a National Security Committee member indicating the Revolutionary Guards' readiness to act, has fueled international concern.
Simultaneously, assertive actions and pronouncements from the US and Israel have intensified the situation. Israeli President Isaac Herzog, appearing on CNN's State of the Union, acknowledged that Iran's nuclear program, though significantly damaged, remains active, while emphasizing Israel's desire to avoid drawing the US into direct conflict. Adding to the escalating military presence, NBC News, citing senior US officials, reported the accelerated deployment of a second US aircraft carrier group to the region. The USS Nimitz, accompanied by destroyers, is anticipated to arrive next week, bolstering a US naval presence expected to remain in the Middle East for at least a month.
Further inflaming the situation, President Trump announced a successful bombardment of three Iranian nuclear facilities, claiming their complete destruction. Israel confirmed its full coordination with the US in these attacks, a claim met with acknowledgement of the strikes from Iranian officials who, however, reported minimal casualties. Despite these assertions, a US official, speaking to Al Jazeera, underscored Iran's continued military capacity to retaliate against US forces in the Middle East.
This heightened geopolitical uncertainty has had a demonstrably negative impact on the cryptocurrency market. Bitcoin experienced a 1.87% decline, dropping to $100,718, while Ethereum suffered a more substantial 3.1% loss, settling at $2,197 within the past hour. *This information is not investment advice.
