According to The Kobeissi Letter, former President Trump stated that damage to nuclear sites in Iran is said to be monumental (source: The Kobeissi Letter, June 22, 2025). This geopolitical development has triggered immediate volatility across cryptocurrency markets, with Bitcoin (BTC) and Ethereum (ETH) experiencing heightened trading volumes as investors respond to increased global uncertainty. Traders are watching for further price swings as risk-off sentiment drives demand for safe-haven assets and stablecoins, influencing both spot and derivatives markets.