According to Francisco Rodrigues, cryptocurrencies declined sharply as Israeli airstrikes on Iran escalated geopolitical tensions, driving investors away from risk assets. Bitcoin (BTC) dropped 2.9% and the CoinDesk 20 Index fell 6.1% over 24 hours, as Israeli Prime Minister Benjamin Netanyahu stated the attack targeted Iran's nuclear program, per official reports. Derivative data from Velo showed open interest dropped to $49.31 billion, while Deribit put/call ratios rose to 1.28 for BTC and 1.25 for ETH, indicating heightened demand for downside protection. Spot BTC ETFs recorded $86.3 million in daily net inflows, according to Farside Investors.

According to The Kobeissi Letter, US stock market futures have extended their losses to -1% as investors react to escalating tensions between Israel and Iran (source: @KobeissiLetter, June 19, 2025). This heightened geopolitical risk often drives increased volatility across global financial markets, including cryptocurrencies. Traders should closely monitor Bitcoin (BTC) and Ethereum (ETH) price action, as risk-off sentiment in traditional markets frequently triggers sharp moves in the crypto sector. Market participants are advised to track correlation trends and prepare for potential liquidity shifts impacting both equities and major digital assets.

According to The Kobeissi Letter, US stock market futures have extended losses to -1% as investors react to escalating tensions between Israel and Iran (source: The Kobeissi Letter, June 19, 2025). Historically, geopolitical instability often triggers increased volatility across global markets, including cryptocurrencies. Traders should monitor BTC and ETH price action closely, as risk-off sentiment in traditional equities may drive shifts in crypto market liquidity and volatility.