US Strikes Iran After Apache Downing — Crypto Markets Brace for Fallout

Heightened Iran‑U.S. tension adds to the broader risk‑off narrative driving the current bearish crypto market, while the regime’s tighter control may spur underground crypto usage as a hedge against sanctions. This convergence of political risk and sanctions‑driven demand for non‑sovereign assets can create a short‑term divergence between Bitcoin (as a safe‑haven) and risk‑on altcoins.

Iran's Assembly of Experts selected Mojtaba Khamenei as the country's new supreme leader.