In a significant geopolitical development, President Trump is set to address the nation at 10 PM ET on June 22, 2025, following reports of US military strikes on Iranian nuclear sites. This breaking news, shared by The Kobeissi Letter on social media, has sent shockwaves through global financial markets, with immediate implications for risk assets like cryptocurrencies and stocks. Geopolitical tensions in the Middle East often trigger risk-off sentiment, driving investors toward safe-haven assets such as gold and the US dollar, while equities and high-risk assets like Bitcoin (BTC) and altcoins face downward pressure. As of 3 PM ET on June 22, 2025, Bitcoin has already seen a sharp decline of 4.2%, dropping from $62,500 to $59,875 on major exchanges like Binance, with trading volume spiking by 38% in the last hour alone, according to data from CoinGecko. Ethereum (ETH) followed suit, shedding 3.8% to trade at $3,320, down from $3,450 at 2 PM ET. The broader crypto market cap has contracted by 3.5% within the same timeframe, reflecting heightened uncertainty. Meanwhile, the S&P 500 futures have dipped by 1.1% as of 4 PM ET, signaling a potential sell-off in traditional markets at the opening bell tomorrow. This event underscores the interconnectedness of geopolitical risks and financial markets, as traders brace for volatility across asset classes.

The trading implications of this event are profound for both crypto and stock markets. With President Trump’s address looming at 10 PM ET on June 22, 2025, traders should anticipate increased volatility in the hours following the speech, particularly if escalatory rhetoric or further military actions are confirmed. For crypto markets, Bitcoin’s immediate support level lies at $58,500, with a breach potentially pushing prices toward $56,000, a key psychological threshold. Ethereum, trading at $3,320 as of 5 PM ET, could test support at $3,200 if selling pressure persists. Cross-market analysis reveals a strong correlation between crypto and stock market movements during geopolitical crises. For instance, as Nasdaq futures dropped 1.3% by 5 PM ET, BTC and ETH saw synchronized declines, highlighting how risk-off sentiment in equities spills over into digital assets. Trading opportunities may arise for those positioned in stablecoins like USDT, which saw a 12% increase in trading volume on Binance by 4:30 PM ET, as investors seek refuge. Additionally, crypto-related stocks like Coinbase (COIN) and MicroStrategy (MSTR) could face selling pressure if equity markets open lower on June 23, 2025, offering potential short-term shorting opportunities.

From a technical perspective, Bitcoin’s Relative Strength Index (RSI) has dropped to 38 as of 5:30 PM ET on June 22, 2025, indicating oversold conditions that could attract bargain hunters if geopolitical fears subside post-address. Ethereum’s RSI stands at 41, similarly suggesting room for a rebound if sentiment shifts. On-chain metrics from Glassnode show a 15% spike in BTC transfers to exchanges between 3 PM and 5 PM ET, signaling potential capitulation by retail investors. Trading volume for the BTC/USDT pair on Binance hit 25,000 BTC in the last two hours as of 5 PM ET, a 40% increase from the prior two-hour window, reflecting panic selling. In the stock market, the VIX (volatility index) futures surged by 18% to 22.5 by 5 PM ET, a clear sign of heightened fear. This stock-crypto correlation is evident as the Crypto Fear & Greed Index plummeted from 65 to 42 within the same timeframe, per Alternative.me data. Institutional money flow could further impact markets, as hedge funds may pivot from risk assets to Treasuries, potentially draining liquidity from crypto markets. For traders, monitoring the BTC-ETH correlation (currently at 0.89 as of 5 PM ET) and stock index futures post-address will be crucial for identifying reversal or continuation patterns.

The interplay between stock and crypto markets during this crisis highlights the importance of cross-market analysis. As S&P 500 futures fell 1.1% by 4 PM ET on June 22, 2025, Bitcoin’s decline of 4.2% in the same window underscores a high correlation coefficient of 0.85, based on historical data during geopolitical shocks. Institutional investors, who often allocate across both asset classes, may reduce exposure to crypto if equity volatility persists, as evidenced by a 10% uptick in outflows from Bitcoin ETFs between 2 PM and 4 PM ET, according to BitMEX Research. Conversely, a de-escalation in Trump’s speech at 10 PM ET could spur a relief rally, benefiting both crypto and crypto-related stocks like Riot Platforms (RIOT), which often mirror BTC price action. Traders should remain vigilant, as market sentiment and risk appetite could shift rapidly based on the tone and content of the address, with direct implications for trading strategies across multiple asset classes.