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Crypto Market Crash as U.S. Launches Strikes on Iran – Red Monday Expected

Crypto Market Crash as U.S. Launches Strikes on Iran – Red Monday Expected WikiBit 2025-06-23 05:13

U.S. Strikes Iran: Crypto Market Reacts InstantlyIn a move that shocked global observers, the United States launched precision airstrikes on three

U.S. Strikes Iran: Crypto Market Reacts Instantly

In a move that shocked global observers, the United States launched precision airstrikes on three Iranian-linked sites early Sunday morning. According to military analysts, the targeted zones were reportedly empty of Iranian nuclear supplies, which had been evacuated earlier—raising questions about the strategic impact but escalating geopolitical tensions nonetheless.

The crypto market responded immediately and violently.

Red Charts Everywhere: Bitcoin, Ethereum, Solana Plunge

As fears of another major war in the Middle East grow, investors are dumping risk assets. Bitcoin ($BTC) tumbled to $99,536, down 3.24% in the last 24 hours. Ethereum ($ETH) plunged even harder, down 9.26% to $2,185.

Heres how major cryptocurrencies are performing right now:

TokenCurrent Price24h Change7d Change
$BTC$99,536.56-3.24%-5.05%
$ETH$2,185.23-9.26%-12.75%
$XRP$1.96-5.71%-8.37%
$BNB$608.13-3.82%-5.47%
$SOL$129.58-6.37%-13.12%
$DOGE$0.1463-7.57%-14.90%
$TRX$0.2611-4.92%-4.09%

Most altcoins are bleeding even harder than Bitcoin, indicating broad panic and heavy liquidation. Traders are flocking to stablecoins like USDT and USDC, both of which are holding their $1 peg amid the chaos.

Market Outlook: Red Monday Ahead?

With the airstrikes likely to stir further political and military reaction from Iran—and potentially draw in other powers—the global market sentiment has soured rapidly. Investors are bracing for a Red Monday when U.S. and European stock markets reopen.

“Traders are pricing in escalation,” said one analyst. “If Iran retaliates or oil prices spike, we could see a brutal week across equities and crypto.”

Safe Haven or Risk Asset?

Bitcoin has long been touted as “digital gold,” but today‘s reaction proves it’s still treated like a high-risk tech asset. If global instability continues, gold and oil might rally—while crypto could face even deeper corrections unless sentiment recovers.

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