Bitcoin

The Iran war attribution adds a geopolitical risk premium to energy markets, which historically correlates with risk-off moves across global asset classes. Combined with extreme fear (F&G 25) and high BTC dominance, this event could accelerate capital rotation out of altcoins into perceived safe-havens like BTC or even out of crypto entirely into cash or commodities.

Ofgem announces that the energy price cap will increase in July, raising household bills by £221 per year due to Iran war impact.