The encryption market reflected significant losses, as the United States officially entered the Iran and Israel war late Saturday night. According to President Trump, the United States bombed remarkable nuclear sites in Iran, indicating the first active blow to this geopolitical conflict.
The reaction of the encryption market was with a noticeable qualifiers across the altcoin sector. Ethereum fell more than 5 % after the news, trading less than $ 2,300 for the first time in one month.
Also, Cardano is approaching the lowest level in 3 months in the aftermath of news-with a decrease in 6 % today. AI Agent metal currencies have suffered from the largest blow, as Virtual and Fet decreased by nearly 10 %.
While Bitcoin is still more than $ 102,500, indicators indicate that it may decrease to less than the psychological level of $ 100,000 if an additional escalation is reported during the weekend.
Previously, Beincrypto analysts expected that Bitcoin price could decrease by 10 % if the United States enters the Iran and Israel war.
As of now, the market will look at caution in Iran’s response. President Trump stated that any response from Iran would lead to more American actions.
In general, the encryption references exceeded 670 million dollars today, and more escalation may indicate a short -term drop.
Disintegration
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2025-06-22 03:27:00
