According to The Kobeissi Letter, following US strikes on Iran, over 50 large oil tankers rushed to exit the Strait of Hormuz, with markets currently closed but an immediate drop in oil supply expected to push prices higher (source: The Kobeissi Letter, June 22, 2025). JP Morgan identified this scenario as the worst case in the Israel-Iran conflict. Traders should anticipate significant oil price volatility impacting global risk sentiment. This could drive increased volatility across crypto markets, particularly for Bitcoin (BTC) and Ethereum (ETH), as investors historically move toward or away from digital assets during major geopolitical disruptions (source: JP Morgan, The Kobeissi Letter).

According to Fox News, President Trump addressed the nation regarding the 'spectacular military success' of recent US strikes targeting Iranian nuclear facilities (source: Fox News, June 22, 2025). This significant escalation in Middle East tensions has triggered immediate volatility in cryptocurrency markets, with Bitcoin (BTC) and Ethereum (ETH) experiencing sharp price fluctuations as traders seek safe-haven assets and hedge against geopolitical risk. Market analysts note increased trading volumes and higher volatility indexes, suggesting that further developments in the US-Iran situation may continue to drive crypto market movements in the near term.

According to Crypto Rover, the United States has initiated strikes on Iran, a geopolitical event that has triggered immediate volatility in the cryptocurrency market as traders seek safe-haven assets and react to rising global tensions (source: Crypto Rover on Twitter, June 21, 2025). Initial data shows increased trading volumes in BTC and ETH as investors hedge against fiat risk, with potential for rapid price swings and liquidity shifts as the situation develops. Traders are advised to monitor order books closely, as heightened uncertainty could create both short-term risk and opportunity.

According to The Kobeissi Letter, President Trump announced that the US has completed three attacks on nuclear sites in Iran, officially initiating strikes against Iran (source: The Kobeissi Letter, June 21, 2025). Historically, geopolitical conflicts have triggered significant volatility in cryptocurrency markets, especially for Bitcoin (BTC) and Ethereum (ETH), as investors seek alternative assets amid global uncertainty. Traders should closely monitor BTC price action, liquidity shifts, and potential safe-haven flows into major cryptocurrencies over the coming sessions. This event is likely to increase trading volumes and short-term volatility across crypto markets.