According to CoinDesk and CoinGlass, Bitcoin (BTC) dropped 2.9% and Solana (SOL) fell nearly 9.5% after Israeli airstrikes on Iran’s nuclear and missile sites triggered a sell-off in risk assets, leading to $1.16 billion in crypto liquidations over 24 hours. The CoinDesk 20 Index declined 6.1%, while defensive options activity surged, with BTC and ETH put/call ratios climbing to 1.28 and 1.25 respectively. Despite heavy liquidations and a sharp reset in derivatives open interest, spot BTC ETFs attracted $86.3 million in daily net inflows, bringing total holdings to 1.21 million BTC. Meanwhile, optimism about a Solana ETF approval remains high, with Bloomberg analysts assigning a 90% chance by year-end. Traders should monitor the $102K-$104K BTC long liquidation zone and the upcoming token unlocks for Starknet (STRK), Sei (SEI), Arbitrum (ARB), ZKsync (ZK), and ApeCoin (APE), as volatility is expected to persist amid geopolitical uncertainty (CoinDesk, CoinGlass, Bloomberg).

According to CoinDesk, Bitcoin (BTC) and the broader crypto market faced significant volatility as Israeli airstrikes on Iran heightened global risk aversion. The CoinDesk 20 Index dropped 6.1% in 24 hours, while BTC declined 2.9% and SOL plunged nearly 9.5%, erasing gains previously driven by optimism over potential Solana ETF (SOL) approvals (source: CoinDesk, Wintermute). The market saw $1.16 billion in liquidations, with 90% from long positions (source: CoinGlass). Defensive derivatives positioning increased as BTC and ETH put/call ratios rose, while funding rates turned negative across most altcoins, including DOT and LINK. Meanwhile, inflows into BTC ETFs totaled $939 million month-to-date, and ETH ETFs saw $811 million, signaling institutional buying despite short-term turbulence (source: Farside Investors). Traders should closely monitor further developments in the Middle East, as any escalation could drive further volatility and impact crypto liquidity and risk appetite.

According to Santiment, the ongoing conflict between Israel and Iran has triggered a significant spike in crypto market volatility. Between June 12th and 15th, bearish sentiment dominated the market, directly correlating with a 4–6% drop in Bitcoin (BTC) price and erasing over $200 billion from total crypto market capitalization. Traders should closely monitor geopolitical developments, as continued tensions may sustain elevated volatility and downside risk for major cryptocurrencies. (Source: @santimentfeed, June 18, 2025)

According to Lookonchain, Bitcoin (BTC) experienced a 5.5% drop last week, falling from $110,000 to below $104,000, primarily due to escalating tensions and conflict between Israel and Iran (source: Lookonchain Twitter, June 17, 2025). Despite the BTC selloff, the total stablecoin market capitalization increased by $1.27 billion, with USDT and USDC seeing notable inflows. For traders, this indicates a risk-off sentiment, with capital rotating from volatile assets like BTC into stablecoins for capital preservation. The market shift suggests increased caution and liquidity preference, impacting both short-term trading strategies and crypto portfolio allocations (source: Lookonchain Twitter, June 17, 2025).

According to Crypto Rover, the crypto market experienced $335 million in liquidations within 60 minutes following news of Israeli strikes on Iran (source: @rovercrc, Twitter, June 13, 2025). This sudden liquidation wave indicates heightened volatility in major cryptocurrencies like BTC and ETH, as traders reacted swiftly to geopolitical tensions. The rapid cascade of forced sales underscores the sensitivity of digital assets to global conflict, impacting both leveraged positions and spot market sentiment.

According to Flood (@ThinkingUSD) on Twitter, the recent Israel bombing of Iran could be bullish for Ethereum (ETH) due to increased geopolitical risk driving investors toward decentralized assets. Historically, major conflicts in the Middle East have led to volatility in traditional markets and a flight to alternative stores of value, including cryptocurrencies like Ethereum. With heightened uncertainty, traders may seek ETH for its liquidity and accessibility, potentially increasing demand and price action in the short term. This real-world event underscores the growing use of Ethereum as a hedge during global instability (source: Twitter/@ThinkingUSD, June 13, 2025).