Recent events in the Middle East have negatively impacted the cryptocurrency market, evident in significant price drops, including Ethereum.
Market Correction Observed
Ethereum prices fell over 10% to $2,450 following Israeli airstrikes on Iran, marking a correction in the crypto market on June 13, 2025.
Liquidations and Losses in Crypto Markets
Amid escalating geopolitical tensions, the crypto market experienced a severe downturn. Liquidations exceeded $1.1 billion, adding significant volatility to the market.
Historical Volatility of Cryptos During Conflicts
Cryptocurrency markets have shown historical declines during periods of macroeconomic conflicts. Such downturns highlight the sensitivity of crypto assets to geopolitical situations.
Recent developments in the Middle East underline how geopolitical instability can significantly affect cryptocurrency markets, leading to substantial financial losses and volatility.
