The war/conflict involving Iran has been hitting the crypto market in a few ways.
Let's look at the breakdown of how the alwar is affecting the crypto currency market:
1. Short-term selloffs when tensions spike*
When news broke that the US and Iran exchanged strikes and Trump said the ceasefire was "over". Bitcoin and the broader market dropped fast.
BTC slipped to ∼$62,657, down nearly 1%
ETH, XRP, SOL* fell 1% to 2.3%
Another July 8 report: BTC fell more than 3% to around $61,691 after Trump’s comments.
Why? Traders worry that war = higher oil prices → higher inflation → higher interest rates. Higher rates make "risky" assets like crypto less attractive vs safe bonds. Brent crude also jumped nearly 6% to $78.55 on the same news.
2. Crypto as a “pressure valve” / safe haven in the region*
But it’s not all negative. Crypto is also being used because of the war:
After strikes started Feb 28, >$10.3M flowed out of Iranian exchanges in just days. Nobitex saw a 700% spike in outflows within minutes.
People use it to protect savings from rial collapse and inflation, and the regime/IRGC-linked wallets also move funds to bypass sanctions.
Iran’s crypto market is estimated at ∼$7.8 billion in 2025, with IRGC-linked wallets accounting for over half of flows.
Analysts call Bitcoin a “pressure valve” during geopolitical stress. Cross-border accessibility makes it useful when people are displaced.
3. The unusual part: both USD and crypto benefiting.
Usually, in war, money flows to gold/Treasuries. This time, the dollar AND crypto both got a boost. Reason: oil above $100 stokes inflation fears, which hurt Treasuries, while crypto gained from its accessibility. BTC even hit a 3-week high of $72,738 after a temporary ceasefire was announced.
Iran and the region are using crypto for sanctions, evasion, and capital flight.
So, the market is swinging hard on headlines. Volatility is high right now.
#Write2Earn
$BTC $BNB $ETH
Let's look at the breakdown of how the alwar is affecting the crypto currency market:
1. Short-term selloffs when tensions spike*
When news broke that the US and Iran exchanged strikes and Trump said the ceasefire was "over". Bitcoin and the broader market dropped fast.
BTC slipped to ∼$62,657, down nearly 1%
ETH, XRP, SOL* fell 1% to 2.3%
Another July 8 report: BTC fell more than 3% to around $61,691 after Trump’s comments.
Why? Traders worry that war = higher oil prices → higher inflation → higher interest rates. Higher rates make "risky" assets like crypto less attractive vs safe bonds. Brent crude also jumped nearly 6% to $78.55 on the same news.
2. Crypto as a “pressure valve” / safe haven in the region*
But it’s not all negative. Crypto is also being used because of the war:
After strikes started Feb 28, >$10.3M flowed out of Iranian exchanges in just days. Nobitex saw a 700% spike in outflows within minutes.
People use it to protect savings from rial collapse and inflation, and the regime/IRGC-linked wallets also move funds to bypass sanctions.
Iran’s crypto market is estimated at ∼$7.8 billion in 2025, with IRGC-linked wallets accounting for over half of flows.
Analysts call Bitcoin a “pressure valve” during geopolitical stress. Cross-border accessibility makes it useful when people are displaced.
3. The unusual part: both USD and crypto benefiting.
Usually, in war, money flows to gold/Treasuries. This time, the dollar AND crypto both got a boost. Reason: oil above $100 stokes inflation fears, which hurt Treasuries, while crypto gained from its accessibility. BTC even hit a 3-week high of $72,738 after a temporary ceasefire was announced.
Iran and the region are using crypto for sanctions, evasion, and capital flight.
So, the market is swinging hard on headlines. Volatility is high right now.
#Write2Earn
$BTC $BNB $ETH