According to data from blockchain analytics firm Santiment, BTC experienced a 4–6% drop between June 12th and 15th, wiping out over $200 billion from the total crypto market cap. The selloff was accompanied by a dramatic spike in social media mentions tied to both nations.
Santiment’s data highlights how social volume for “Israel” and “Iran” surged, indicating growing concern and uncertainty among crypto market participants.
The firm described a wave of bearish sentiment emerging during the peak of tensions, pushing Bitcoin down to the $104K–$105K range.
Despite the initial panic, BTC stabilized quickly, supported by ongoing ETF inflows and the absence of a major military escalation. This behavior mirrors past geopolitical responses, including Bitcoin’s reaction to Russia’s invasion of Ukraine in 2022, and the Israel-Palestine conflict in late 2022—both events where BTC initially dropped but found support shortly after.
Santiment noted that while macroeconomic factors like tariff negotiations remain in play, the Israel-Iran tensions represent a uniquely impactful geopolitical flashpoint. They warned that such real-world conflicts are likely to fuel unpredictable price swings, reinforcing crypto’s vulnerability to global headlines.
As the situation evolves, Santiment encourages investors to monitor social trends and sentiment trackers to anticipate market shifts during heightened geopolitical risk.
Kosta Gushterov
Reporter at Coindoo
Kosta has been a part of the team since 2021 and has solidified his position with a thirst for knowledge, incredible dedication to his work and a “detective-like” mindset. He not only covers a wide range of trending topics, he also creates reviews, PR articles and educational content. His work has also been referenced by other news outlets.
Source: https://coindoo.com/market/israel-iran-conflict-sparks-bitcoin-volatility-as-crypto-sentiment-turns-bearish/