23.06.2025 08:07

Geopolitical tensions escalated sharply following US airstrikes on Iranian nuclear facilities, triggering a significant downturn in the cryptocurrency market. This heightened uncertainty, fueled by the intensifying Iran-Israel conflict, directly impacted Bitcoin's price, pushing it below the crucial $100,000 support level.

Investor confidence took a substantial hit, evidenced by a 26% decrease in spot Bitcoin ETF inflows last week, totaling $1.02 billion. This considerable drop reflects a flight from risk assets as investors grapple with the evolving Middle Eastern crisis.

Adding to the bearish sentiment, analysts are now predicting further Bitcoin price declines. One prominent analyst forecasts a potential drop to the $88,888 support level, with a possible subsequent fall to $82,500. This projection highlights the significant impact of the escalating conflict on the cryptocurrency's value. The precarious geopolitical climate underscores the vulnerability of Bitcoin and the broader crypto market to external factors beyond the realm of digital currency itself.