- Bitcoin fell 6% in the middle of Israeli-Iranian tensions, but FNB entries have helped stabilize the market.
- Despite the cyber attacks and the risks of war, the silent crypto response reflects its evolving behavior and its risk profile.
Geopolitical shocks continue to test the resilience of digital assets, and this week is no exception. While tensions between Israel and Iran have intensified, the cryptography market responded by volatility.
In less than 72 hours, Bitcoin (BTC) lost 6% of its value, destroying more than $ 200 billion in market capitalization and triggering a wave of fear through the feeling of investors.
However, as the immediate threat of a broader conflict calmed down and the entrances of FNB were stable, the markets quickly found stability.
Bitcoin has followed suit, settling in a crypto pattern now familiar: a strong risk reaction, followed by an equally fast rebound.
The feeling shakes the market
The Israeli-Iranian conflict sparked a peak in social media chatter and a rapid risk reaction on cryptographic markets.
According to health data, “Israel”, “Iran” mentions and related geopolitical words jumped between June 12 and 15, reflecting a drop of 4 to 6% of the price of bitcoin and a drop of 200 billion dollars in the capitalization of the cryptographic markets.


Source: Santiment
Social feeling became deeply lowered during this period.
However, as in past crises, including the war of Ukraine 2022, Bitcoin quickly found a place; hover around $ 104,000; Thanks to regular FNB entries and a temporary de -escalation of military tensions.
But even if the story of the war dominated the headlines, the crypto did not behave as it did during major crises. Like Ray Youssef, CEO of noons and old CEO of Paxful, said it to Ambcrypto,
“The markets generally do not like surprises – but recently, the crypto does not seem to react a lot.”
In fact, despite a major hack of $ 49 million targeting the greatest Crypto exchange in Iran, Nobitex, would have been carried out by the Sparrow Cyber -Group predator – the market barely tightened.
“This kind of violation generally triggered alarm ringtones, especially when it is linked to military cyber units.”
However, Bitcoin has largely remained unsuitable, holding nearly $ 105,000 with daily volatility of less than 2.1% and no panic selling at all levels.
ETF at the rescue
Even if the fears have shaken the market, the entries of FNB intensified as a stabilization force. The graph shows coherent green bars – in particular strong entries on June 9, 10 and 16.
During this section, total net entries reached $ 216.48 million, with total net assets of $ 128.18 billion.


Source: Sosovalue
This regular capital injection helped amortize the drop in bitcoin and supported its rebound. As in previous macro-chocs, institutional participation via ETF has again acted as a key stamp, softening volatility and reaffirming the growing maturity of Bitcoin.
However, Bitcoin behavior is increasingly reflecting traditional technological stocks rather than a coverage. Youssef observed,
“Bitcoin no longer seems to work like a hedge. Instead, it behaves more like a stock of high beta technologies, caught in macro winds but not really directing its own ship.”
Its observation reflects the current correlation of 0.68 between BTC and the Nasdaq 100; A level that strengthens to what extent cryptography and traditional risk assets have become.