Bitcoin

The Israel-Iran tensions test the credibility of US regional influence under Trump, and a perceived weakening of that grip could embolden other adversaries, raising the geopolitical risk premium across all asset classes. For crypto, historically correlated with equities during risk-off episodes, this means further downside pressure until a clear de-escalation path emerges, but extreme fear levels have often marked bottoms for Bitcoin.

Israel and Iran experienced a flare-up in tensions, testing Trump's influence and potentially strengthening Iran's negotiating position.