Missiles Fly, Yet Bitcoin Holds
On June 21, 2025, the US military targeted Iranian nuclear facilities, causing a temporary dip in Bitcoin's price, which fell to nearly $98,286 but rebounded to close the week at $100,760. Despite geopolitical tensions, Bitcoin demonstrated stability, with only a 1.27% decline in response to military actions. The asset's price action reflects market sentiment rather than panic, showing support above key levels. Historical data indicates that macroeconomic factors, particularly from the US, have a more significant impact on Bitcoin's price than isolated geopolitical events. Bitcoin has historically performed well during geopolitical crises, often acting as an uncorrelated hedge. The recent conflict tested Bitcoin's resilience without causing a technical breakdown, indicating structural strength amidst uncertainty.
