Crypto, Stocks Volatile Amid Israel-Iran Tensions

Global financial and cryptocurrency markets have experienced significant volatility amid escalating geopolitical tensions between Israel and Iran, with no confirmed reports of Israeli airstrikes on Iranian nuclear and military facilities. While initial fears led to sharp declines in Bitcoin and Ethereum prices, subsequent announcements suggesting potential diplomatic developments triggered brief rallies. Institutional activity, such as inflows into Bitcoin and Ethereum spot ETFs and Coinbase's debut on the S&P 500, has contributed to market stabilization and some optimism for future growth. Analysts note that Bitcoin could retest its all-time highs if key support levels are maintained, while Ethereum faces greater short-term risk. Traditional safe havens like gold and oil saw increased demand amid the uncertainty. The situation remains fluid, with market sentiment closely tied to further geopolitical developments and institutional engagement.