Right now the US–Iran tension is clearly affecting crypto, mostly through volatility. Every time there’s a negative headline, the market reacts fast — prices drop, liquidations happen, then we often see a quick bounce. It feels very headline-driven at the moment, not stable at all.

The main pressure comes from rising oil prices and global uncertainty. When that happens, investors usually move away from risk assets like crypto and go into safer options. That’s why we’re seeing short-term downside and choppy price action.
But at the same time, crypto isn’t as weak as before. Bitcoin especially is holding better during dips, which shows stronger market structure compared to past crises. Also, in regions affected by conflict, people actually use crypto to move funds, which adds real-world demand.
My view: short term looks unstable and emotional, but if tensions ease, the market could recover quickly.