Bitcoin

This geopolitical friction fits a pattern where Middle East tensions historically drive short-term safe-haven flows but also raise inflation fears via higher energy costs. For crypto, the net effect is ambiguous—Bitcoin may benefit as a non-sovereign store of value, but a sustained oil shock could tighten global liquidity and weigh on risk assets.

US Secretary of State Rubio declared the offensive stage of the Iran war is over, while an Iranian official countered that 'we are just getting started', amid incidents in the Strait of Hormuz testing the ceasefire.