The United States could soon go to war against Iran, and cryptographic markets do not like perspective.
Bitcoin
is down 3.8% in the last 24 hours, a merchant at less than $ 104,000. The Coindesk 20 – An index of the first 20 cryptocurrencies by market capitalization, excluding stablecoins, exchange parts and the same – lost 6.1% in the same period, with ether and Solana both 7% and suddenly almost 10%.
Crypto stocks also take a hit, with Coinbase (Coin), Strategy (MSTR) and Circle (CRLC) all down 2% -3% and bitcoin minors such as Bitdeer (BTDR), Riot (Riot), Cleanspark (CLSK), Hive (Hut) and Hut 8 (Hut) platforms.
The market move has come when President Donald Trump suggested that the United States could soon be involved in the conflict between Israel and Iran.
“We know exactly where the so-called” supreme chief “hides”, published Trump on social networks, referring to the Iranian head of state Ali Khamenei. “It is an easy target, but it is safe there – we are not going to take it out (kill!), At least not for the moment. But we do not want missiles to be fired on civilians or American soldiers. Our patience is thin.”
Trump also called on Iran to make himself unconditionally and residents of Tehran to evacuate the city. The National Security Council was summoned, according to the White House, and Trump itself interrupted a G7 summit to focus on the issue.
The chances of American military action against Iran before July increased 65% on Polymarket.
“The sudden and severe escalation of the Iran-Israeli conflict introduced a significant geopolitical risk premium, which caused an immediate risk of risk assets at all levels, to which Crypto has not proven to immunity,” said Javier Rodriguez-Alarcón, director of investments from XB to XB.
“The geopolitical situation remains a joker; any credible de-escalation in the Middle East could serve as a significant risk catalyst, while another deterioration would probably trigger another move through risk assets,” he added.
Matteo Greco, main analyst of Finequia, shared the same feeling, adding that war could end up having important consequences on American economic prospects. “If Israeli military actions have an impact on Iran’s oil production, an increase in oil prices could follow, fueling renewed inflationary pressures,” Greeco said.
