Ethereum

Cryptocurrency

Carl

Bitcoin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/global-tensions-upset-the-cryptocurrency-market-whats-next/" rel="noopener noreferrer nofollow">Global Tensions Upset the Cryptocurrency Market: What’s Next?</a> 
Despite Trump’s declarations on Friday and the recent announcement by JD Vance, the U.S. has become involved in the conflict. Missiles, nearly as powerful as atomic bombs, were fired at three nuclear facilities. As a result, Bitcoin’s price plummeted to $100,837, and altcoins began a new series of declines, bringing attention to ATL targets against BTC due to the prolonged erosion of altcoins. With these developments, one may wonder what lies ahead for cryptocurrencies.
<h2 id="expectations-for-cryptocurrencies">Expectations for Cryptocurrencies</h2>
Just a few hours ago, Iran launched a retaliatory strike with approximately 30 missiles against Israel. Although the response was limited and did not extend to U.S. bases, Iranian media boast about preparing coffins for 40,000 to 50,000 U.S. soldiers. The U.S. and Israel’s efforts to prevent Iran from attaining nuclear capability might trigger a third world war.
<blockquote>
 “The U.S. attack will only strengthen our nuclear program.” – Iranian Military
</blockquote>
Iran, which has often expressed readiness for negotiations, set a condition that Israeli attacks must cease. Now that facilities are destroyed, following today’s Iranian retaliation, the likelihood of reconciliation might increase, supporting the <a href="https://en.coin-turk.com/the-treasury-forecasts-stablecoins-to-skyrocket-into-trillions-by-2028/" rel="noopener noreferrer nofollow"></a><a href="https://en.coin-turk.com/uzbekistan-approves-participation-of-private-bank-in-national-crypto-card-project/" rel="noopener noreferrer nofollow">cryptocurrency</a> market.
Prolonging the process might raise U.S. concerns about potential involvement from China and Russia. Facing massive debt, inflation risks, tariff crises, and recession threats, combining forces with Israel to attack Iran might not have been wise. Republicans began voicing anger towards Trump, whom they accuse of engaging in a non-affiliated war, while Democrats criticize him for breaking his peace-promising stance.
In the next 48 hours, depending on forthcoming news, volatility will likely spike. In his recent analysis, DaanCrypto observed that:
<blockquote>
 “Clearly, many events are unfolding worldwide, and I won’t delve into details. The potential U.S. intervention contributed to the recent weakness, prompting me to act cautiously without opening any positions, which proved beneficial. The critical aspect now is whether the situation escalates or leads to negotiations. I hope for the latter. While Bitcoin ($BTC) remains relatively resilient, I’ll stay cautious until a short-term strengthening appears.
 Altcoins suffered severe losses, and given the significant liquidity loss, a modest recovery is possible. However, many remain on a significant downward trend, so keep that in mind. I suggest watching and waiting for a clear situation to emerge. Historically, a similar environment to the last two weeks could have resulted in losses, but by being patient and recognizing market weaknesses, I turned this period into a successful trading week. Enjoy the rest of your weekend. Tomorrow will be turbulent.”
</blockquote>
<h2 id="bitcoin-btc-and-ethereum-eth">Bitcoin (BTC) and Ethereum (ETH)</h2>
ETH dropped below $2,300, even though it nearly hit $3,000 the previous week after a deal in Paris with China. Israeli missile strikes on Iran disrupted everything. Although BTC didn’t face massive losses, altcoins have consistently declined over the past six months, except for a few brief rallies. It is a situation poised for either commercial or real conflict.
<blockquote>
 “Currently, ETH is trading below previous support levels in a danger zone with little price movement, which might precipitate a rapid decline, so it’s positive that bulls can sustain this level for now. The fall could have been much deeper. I’ve marked intriguing levels on the chart. The first task for bulls is to reclaim and hold levels above $2,300. A dip at this level could be a major retest before further drops and inefficiency increase, making this a point to be closely monitored. Clearly, the local bottom at ~$2,210 has also become crucial.” – DaanCrypto
</blockquote>
<img loading="lazy" src="https://coin-turk.com/wp-content/uploads/2025/06/btc-dusus-tahmini-22-haziran.jpg" alt="" width="1255" height="738">
Carl Mood, however, is not as optimistic. He predicts BTC’s chart might break the symmetrical triangle, targeting $90,700, which could entail <a href="https://en.coin-turk.com/bluntz-shares-positive-outlook-on-pyth-network-and-other-cryptocurrencies/" rel="noopener noreferrer nofollow">altcoin</a> losses exceeding 30%.
The post <a href="https://en.coin-turk.com/global-tensions-upset-the-cryptocurrency-market-whats-next/" rel="noopener noreferrer nofollow">Global Tensions Upset the Cryptocurrency Market: What’s Next?</a> appeared first on <a href="https://en.coin-turk.com" rel="noopener noreferrer nofollow">COINTURK NEWS</a>.

Global Tensions Upset the Cryptocurrency Market: What’s Next?

Table of Contents

COINTURK NEWS

Other articles published on Jun 22, 2025

Join our free newsletter for daily crypto updates!