Bitcoin’s June price action during the Israel–Iran conflict shows that it remains a macro asset, albeit one increasingly shaped by global instability.
Opinion by: Michael Tabone, Senior Economist at Cointelegraph
On Saturday, June 21, 2025, the US hit Iranian nuclear facilities, causing a short-lived dip in the price action of Bitcoin (BTC). Bitcoin rebounded before its Sunday close to just under 1.27% of its price before the US military effort.
For 10 days in June, missiles flew and markets wobbled, but Bitcoin held its ground — not immune to war, but more stable than fear would suggest.
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