According to The Kobeissi Letter, President Trump has released his first statement addressing Israel’s attack on Iran, a development that has heightened geopolitical tensions in the Middle East. Historically, such escalations have led to increased volatility in global financial markets, with cryptocurrencies like Bitcoin (BTC) and Ethereum (ETH) often experiencing sharp price movements as investors seek safe-haven or risk-hedging assets (Source: The Kobeissi Letter, June 13, 2025). Traders should monitor BTC and ETH closely for potential swings in response to further news or policy statements related to this conflict.