U.S. Airstrikes Impact Crypto Markets with Broad Selloffs

• Lyla Velez
• June 22, 2025
• News
• 0 Comments

U.S. President Donald Trump’s orders for airstrikes on Iranian nuclear sites have led to significant market turmoil, affecting cryptocurrencies globally. The global crypto market cap dropped by over 2% in the last 24 hours due to escalating geopolitical tensions.

Geopolitical conflicts such as the U.S.-Iran tensions impact the cryptocurrency markets, causing a rapid selloff. Analysts focus on potential Iranian responses as immediate risks influencing future market directions.

The recent U.S. airstrikes ordered by Donald Trump have escalated geopolitical tensions, directly affecting the cryptocurrency markets. Bitcoin and Ethereum, among others, saw steep losses as liquidations surged amid heightened market fears. Geopolitical uncertainties introduced by U.S. actions in the Middle East have raised concerns across financial markets. Trump’s decision led to immediate selloffs in major cryptocurrencies, underscoring the influence of political events on digital assets.

The cryptocurrency market experienced broad liquidations totaling $636 million, with significant price declines in Bitcoin, Ethereum, Solana, and others. Experts cite geopolitical tensions as the main driver for this instability. These developments emphasize the vulnerability of risk assets like cryptocurrencies to geopolitical events. Market strategists are closely monitoring Iran’s next moves, as continued tensions could exacerbate market volatility.

Short-term, markets such as crude oil, stocks, and crypto will pivot on whether Iran retaliates and widens the war in a way that impacts oil supply versus backing down and offering concessions on its nuclear program. – Hanain Malik, Strategist, Tellimer, Bloomberg

Historical precedents show similar outcomes during geopolitical shocks, like Russia’s invasion of Ukraine. Analysts warn that further escalations could lead to enhanced regulations or technological responses to mitigate these risks. Conditions in the Middle East will likely dictate the trajectory of both traditional and digital markets in the coming days.