Israel Strikes Iran After Missile Attacks, Crypto Volatility Rises

Following a U.S. strike on Iran’s nuclear facility, Iran’s Revolutionary Guard launched multiple missile and drone barrages against Israel, triggering air-raid sirens in Tel Aviv and other cities. Hours later, Israel’s Air Force conducted its first direct strike inside western Iran since the U.S. attack, destroying missile launchers and targeting IRGC units preparing additional launches. The escalating Middle East conflict has intensified geopolitical risk and spurred risk-off sentiment across global markets. Crypto traders should prepare for heightened volatility in Bitcoin and other digital assets, as investors may shift toward safe-haven positions followed by potential short-term selling pressure.
Bearish
The missile exchanges and cross-border airstrikes have intensified risk-off sentiment, likely driving investors to liquidate positions in high-beta assets like cryptocurrencies. In the short term, Bitcoin and altcoins may face selling pressure amid volatility spikes. Over the longer term, sustained geopolitical tension could boost Bitcoin’s appeal as a safe-haven, but immediate market reaction is expected to be bearish.