Bitcoin remains stable despite escalating conflict between Israel and Iran
On June 13, Bitcoin kept stable near the $ 105,000 mark and thus shook the worst effects of a strong burglary that had been triggered by renewed conflicts in the Middle East.
The drop in prices took place when Israel started attacks on Iranian nuclear and military facilities, whereupon Iran struck back with drones and rockets- which led to an escalation of the tensions and turbulence in the global markets.
Although the Bitcoin fell to around $ 102,000 for a short time after the news became known, it quickly found stop and rose again to over $ 104,000 when the Asian markets opened. At the end of the day it was $ 105,600 and thus only recorded minimal losses compared to the previous 24 hours.
The traditional markets did not perform so well. Shares gave up, investors fell for gold and safe currencies rose. The oil price also increased by almost 8%, which reflected the fears of regional supply bottlenecks.
Despite the increasing uncertainty, the relatively stable performance of Bitcoin stood out. Analysts referred to past patterns – especially during a similar escalation in October 2024 – when the cryptoma markets recovered again after an initial shock. Some dealers now expect a possible continuation of this trend.
While the geopolitical risks are still high, especially due to volatile raw material prices and changing expectations regarding the policy of the US Federal Reserve, Bitcoin's ability to keep themselves over water indicates that the confidence of investors in digital assets did not subside-and could even grow in view of global instability.
